The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $0.63 in the last session, down -2.74% from day before closing price of $0.65. In other words, the price has decreased by -$2.74 from its previous closing price. On the day, 1.27 million shares were traded. INVZ stock price reached its highest trading level at $0.6408 during the session, while it also had its lowest trading level at $0.602.
Ratios:
We take a closer look at INVZ’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.73 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.32.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 125087416 and an Enterprise Value of 86733384. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.15 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 3.574 whereas that against EBITDA is -0.916.
Stock Price History:
The Beta on a monthly basis for INVZ is 0.83, which has changed by -0.40660375 over the last 52 weeks, in comparison to a change of 0.05279863 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 -18.60%, while the 200-Day Moving Average is calculated to be -29.30%.
Shares Statistics:
According to the various share statistics, INVZ traded on average about 7.96M shares per day over the past 3-months and 2573230 shares per day over the past 10 days. A total of 198.96M shares are outstanding, with a floating share count of 198.96M. Insiders hold about 0.00% of the company’s shares, while institutions hold 30.64% stake in the company. Shares short for INVZ as of 1743379200 were 23560663 with a Short Ratio of 2.96, compared to 1740700800 on 24386595. Therefore, it implies a Short% of Shares Outstanding of 23560663 and a Short% of Float of 12.0900005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
