Market Insights: Innoviz Technologies Ltd (INVZ)’s Notable Gain of 3.68, Closing at 0.74

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

As of close of business last night, Innoviz Technologies Ltd’s stock clocked out at $0.74, up 3.68% from its previous closing price of $0.71. In other words, the price has increased by $3.68 from its previous closing price. On the day, 2.35 million shares were traded.

Ratios:

To gain a deeper understanding of INVZ’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.91 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.32.

Goldman Downgraded its Buy to Neutral on July 11, 2024, whereas the target price for the stock was revised from $2.25 to $1.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 24 ’24 when Cegla Eldar Mordechay bought 10,000 shares for $1.53 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 6.00 while its Price-to-Book (P/B) ratio in mrq is 0.79.

Stock Price History:

Over the past 52 weeks, INVZ has reached a high of $3.14, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -46.56%, while the 200-Day Moving Average is calculated to be -21.91%.

Shares Statistics:

A total of 198.17M shares are outstanding, with a floating share count of 198.17M. Insiders hold about 0.00% of the company’s shares, while institutions hold 30.85% stake in the company.

Most Popular