Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $1.43 down -11.18% from its previous closing price of $1.61. In other words, the price has decreased by -$11.18 from its previous closing price. On the day, 11.32 million shares were traded. INVZ stock price reached its highest trading level at $1.75 during the session, while it also had its lowest trading level at $1.37.
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 3.59 and its Current Ratio is at 3.64. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 241215248 and an Enterprise Value of 10908795. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.27 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 0.34 whereas that against EBITDA is -0.099.
Stock Price History:
The Beta on a monthly basis for INVZ is 0.73, which has changed by -0.10055864 over the last 52 weeks, in comparison to a change of 0.23147523 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 41.89%, while the 200-Day Moving Average is calculated to be 52.18%.
Shares Statistics:
For the past three months, INVZ has traded an average of 6.59M shares per day and 18401150 over the past ten days. A total of 168.68M shares are outstanding, with a floating share count of 168.68M. Insiders hold about 0.00% of the company’s shares, while institutions hold 32.07% stake in the company. Shares short for INVZ as of 1730332800 were 11387320 with a Short Ratio of 1.84, compared to 1727654400 on 11181352. Therefore, it implies a Short% of Shares Outstanding of 11387320 and a Short% of Float of 7.4099995000000005.
