Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $0.72 up 1.23% from its previous closing price of $0.71. In other words, the price has increased by $1.23 from its previous closing price. On the day, 4.0 million shares were traded. INVZ stock price reached its highest trading level at $0.7592 during the session, while it also had its lowest trading level at $0.7208.
Ratios:
For a deeper understanding of Innoviz Technologies Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.73 and its Current Ratio is at 2.80. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
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 143809744 and an Enterprise Value of 105455704. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.93 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 4.345 whereas that against EBITDA is -1.114.
Stock Price History:
The Beta on a monthly basis for INVZ is 0.81, which has changed by -0.45639098 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. 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 -35.87%, while the 200-Day Moving Average is calculated to be -21.32%.
Shares Statistics:
For the past three months, INVZ has traded an average of 11.86M shares per day and 4065110 over the past ten days. A total of 198.96M shares are outstanding, with a floating share count of 198.96M. Insiders hold about 0.00% of the company’s shares, while institutions hold 30.71% stake in the company. Shares short for INVZ as of 1740700800 were 24386595 with a Short Ratio of 2.06, compared to 1738281600 on 13746152. Therefore, it implies a Short% of Shares Outstanding of 24386595 and a Short% of Float of 13.19.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
