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After finishing at $1.00 in the prior trading day, Invivyd Inc (NASDAQ: IVVD) closed at $0.89, down -11.00%. In other words, the price has decreased by -$11.00 from its previous closing price. On the day, 1.26 million shares were traded. IVVD stock price reached its highest trading level at $0.9847 during the session, while it also had its lowest trading level at $0.89.
Ratios:
Our goal is to gain a better understanding of IVVD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.57 and its Current Ratio is at 4.71. In the meantime, Its Debt-to-Equity ratio is 0.00 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 29 ’24 when MCGUIRE TERRANCE sold 112,381 shares for $1.66 per share. The transaction valued at 186,575 led to the insider holds 4,688,079 shares of the business.
Adimab, LLC sold 5,000,000 shares of IVVD for $19,750,000 on Jan 19 ’24. The 10% Owner now owns 21,687,906 shares after completing the transaction at $3.95 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, IVVD now has a Market Capitalization of 116002600 and an Enterprise Value of -40896056. For the stock, the TTM Price-to-Sale (P/S) ratio is 47.04 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at -18.064 whereas that against EBITDA is 0.194.
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 $0.81. The 50-Day Moving Average of the stock is -10.73%, while the 200-Day Moving Average is calculated to be -56.13%.
Shares Statistics:
The stock has traded on average 465.38K shares per day over the past 3-months and 378190 shares per day over the last 10 days, according to various share statistics. A total of 110.16M shares are outstanding, with a floating share count of 72.65M. Insiders hold about 39.18% of the company’s shares, while institutions hold 59.59% stake in the company. Shares short for IVVD as of 1730332800 were 8272000 with a Short Ratio of 17.77, compared to 1727654400 on 6810779. Therefore, it implies a Short% of Shares Outstanding of 8272000 and a Short% of Float of 10.5.
