In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $1.55 up 3.33% from its previous closing price of $1.50. In other words, the price has increased by $3.33 from its previous closing price. On the day, 4.94 million shares were traded. INVZ stock price reached its highest trading level at $1.665 during the session, while it also had its lowest trading level at $1.48.
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 261457088 and an Enterprise Value of 10908795. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.88 while its Price-to-Book (P/B) ratio in mrq is 1.67. 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 0.70, which has changed by 0.006493449 over the last 52 weeks, in comparison to a change of 0.22208416 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 21.98%, while the 200-Day Moving Average is calculated to be 61.59%.
Shares Statistics:
For the past three months, INVZ has traded an average of 8.00M shares per day and 6815190 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 32.42% stake in the company. Shares short for INVZ as of 1730332800 were 11387320 with a Short Ratio of 1.39, compared to 1727654400 on 11181352. Therefore, it implies a Short% of Shares Outstanding of 11387320 and a Short% of Float of 7.4099995000000005.
