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In the latest session, Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $0.69 down -1.47% from its previous closing price of $0.70. In other words, the price has decreased by -$1.47 from its previous closing price. On the day, 1.49 million shares were traded. INVZ stock price reached its highest trading level at $0.7095 during the session, while it also had its lowest trading level at $0.6811.
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 4.03 and its Current Ratio is at 4.09. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on July 11, 2024, Downgraded its rating to Neutral and sets its target price to $1 from $2.25 previously.
On October 25, 2022, Rosenblatt started tracking the stock assigning a Neutral rating and target price of $5.
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 116818632 and an Enterprise Value of 40059200. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58. Its current Enterprise Value per Revenue stands at 1.247 whereas that against EBITDA is -0.364.
Stock Price History:
Over the past 52 weeks, INVZ has reached a high of $2.99, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -17.43%, while the 200-Day Moving Average is calculated to be -51.46%.
Shares Statistics:
For the past three months, INVZ has traded an average of 1.61M shares per day and 798500 over the past ten days. A total of 166.86M shares are outstanding, with a floating share count of 159.59M. Insiders hold about 4.36% of the company’s shares, while institutions hold 35.60% stake in the company. Shares short for INVZ as of 1722384000 were 10927030 with a Short Ratio of 6.80, compared to 1719532800 on 11889960. Therefore, it implies a Short% of Shares Outstanding of 10927030 and a Short% of Float of 7.1100004.
