Stock Performance Spotlight: Innoviz Technologies Ltd (INVZ) Ends the Day at 1.67, Up by 9.15

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As of close of business last night, Innoviz Technologies Ltd’s stock clocked out at $1.67, up 9.15% from its previous closing price of $1.53. In other words, the price has increased by $9.15 from its previous closing price. On the day, 18.01 million shares were traded. INVZ stock price reached its highest trading level at $1.87 during the session, while it also had its lowest trading level at $1.56.

Ratios:

To gain a deeper understanding of INVZ’s stock, we examine its different 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.

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 281698944 and an Enterprise Value of 10908795. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.27 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 0.34 whereas that against EBITDA is -0.099.

Stock Price History:

Over the past 52 weeks, INVZ has reached a high of $2.82, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is 121.50%, while the 200-Day Moving Average is calculated to be 83.00%.

Shares Statistics:

It appears that INVZ traded 3.19M shares on average per day over the past three months and 12704760 shares per day 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 32.12% stake in the company. Shares short for INVZ as of 1730332800 were 11387320 with a Short Ratio of 3.15, compared to 1727654400 on 11181352. Therefore, it implies a Short% of Shares Outstanding of 11387320 and a Short% of Float of 7.4099995000000005.

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