Insider’s View: Deciphering Innoviz Technologies Ltd (INVZ)’s Financial Health Through Ratios

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The price of Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $0.53 in the last session, up 0.47% from day before closing price of $0.53. In other words, the price has increased by $0.47 from its previous closing price. On the day, 1.07 million shares were traded. INVZ stock price reached its highest trading level at $0.55 during the session, while it also had its lowest trading level at $0.5195.

Ratios:

We take a closer look at INVZ’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.59 and its Current Ratio is at 3.64. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.28.

On July 11, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $2.25 to $1.

On October 25, 2022, Rosenblatt started tracking the stock assigning a Neutral rating and target price of $5.Rosenblatt initiated its Neutral rating on October 25, 2022, with a $5 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INVZ now has a Market Capitalization of 89823168 and an Enterprise Value of 10908795. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.72. Its current Enterprise Value per Revenue stands at 0.34 whereas that against EBITDA is -0.099.

Stock Price History:

Over the past 52 weeks, INVZ has reached a high of $2.99, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -23.95%, while the 200-Day Moving Average is calculated to be -45.94%.

Shares Statistics:

According to the various share statistics, INVZ traded on average about 1.39M shares per day over the past 3-months and 2339920 shares per day over the past 10 days. A total of 168.68M shares are outstanding, with a floating share count of 168.68M. Insiders hold about 0.00% of the company’s shares, while institutions hold 32.45% stake in the company. Shares short for INVZ as of 1730332800 were 11387320 with a Short Ratio of 8.20, compared to 1727654400 on 11181352. Therefore, it implies a Short% of Shares Outstanding of 11387320 and a Short% of Float of 7.4099995000000005.

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