Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $1.48 down -3.90% from its previous closing price of $1.54. In other words, the price has decreased by -$3.90 from its previous closing price. On the day, 8.45 million shares were traded. INVZ stock price reached its highest trading level at $1.51 during the session, while it also had its lowest trading level at $1.4.
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 4.23 and its Current Ratio is at 4.30. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.22.
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 294463776 and an Enterprise Value of 217494096. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.51 while its Price-to-Book (P/B) ratio in mrq is 3.18. Its current Enterprise Value per Revenue stands at 6.286 whereas that against EBITDA is -2.831.
Stock Price History:
The Beta on a monthly basis for INVZ is 1.18, which has changed by 1.0498614 over the last 52 weeks, in comparison to a change of 0.20277917 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 10.46%, while the 200-Day Moving Average is calculated to be 42.81%.
Shares Statistics:
For the past three months, INVZ has traded an average of 7.43M shares per day and 9592290 over the past ten days. A total of 198.96M shares are outstanding, with a floating share count of 194.84M. Insiders hold about 2.07% of the company’s shares, while institutions hold 29.35% stake in the company. Shares short for INVZ as of 1752537600 were 27964661 with a Short Ratio of 3.76, compared to 1749772800 on 22729112. Therefore, it implies a Short% of Shares Outstanding of 27964661 and a Short% of Float of 14.35.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
