In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Invivyd Inc (NASDAQ: IVVD) closed at $0.55 in the last session, down -5.67% from day before closing price of $0.58. In other words, the price has decreased by -$5.67 from its previous closing price. On the day, 0.73 million shares were traded. IVVD stock price reached its highest trading level at $0.605 during the session, while it also had its lowest trading level at $0.5442.
Ratios:
We take a closer look at IVVD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 26, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $4 to $10.
Morgan Stanley Upgraded its Underweight to Equal-Weight on December 19, 2023, whereas the target price for the stock was revised from $1 to $4.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 10 ’24 when MCGUIRE TERRANCE sold 175,000 shares for $0.59 per share. The transaction valued at 103,005 led to the insider holds 4,363,079 shares of the business.
MCGUIRE TERRANCE sold 160,400 shares of IVVD for $94,812 on Dec 11 ’24. The Director now owns 4,202,679 shares after completing the transaction at $0.59 per share. On Dec 09 ’24, another insider, MCGUIRE TERRANCE, who serves as the Director of the company, sold 150,000 shares for $0.61 each. As a result, the insider received 91,560 and left with 4,538,079 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IVVD now has a Market Capitalization of 65429952 and an Enterprise Value of -52780596. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.34 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at -23.313 whereas that against EBITDA is 0.251.
Stock Price History:
Over the past 52 weeks, IVVD has reached a high of $5.20, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is -34.60%, while the 200-Day Moving Average is calculated to be -66.56%.
Shares Statistics:
According to the various share statistics, IVVD traded on average about 558.51K shares per day over the past 3-months and 745140 shares per day over the past 10 days. A total of 119.60M shares are outstanding, with a floating share count of 73.52M. Insiders hold about 38.54% of the company’s shares, while institutions hold 56.90% stake in the company. Shares short for IVVD as of 1730332800 were 8272000 with a Short Ratio of 8.69, compared to 1727654400 on 6810779. Therefore, it implies a Short% of Shares Outstanding of 8272000 and a Short% of Float of 10.5.
