In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Invivyd Inc (NASDAQ: IVVD) closed the day trading at $0.91 down -12.80% from the previous closing price of $1.04. In other words, the price has decreased by -$12.80 from its previous closing price. On the day, 0.99 million shares were traded. IVVD stock price reached its highest trading level at $1.0172 during the session, while it also had its lowest trading level at $0.89.
Ratios:
For a better understanding of IVVD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.57 and its Current Ratio is at 4.71. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 26, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $4 to $10.
Morgan Stanley Upgraded its Underweight to Equal-Weight on December 19, 2023, whereas the target price for the stock was revised from $1 to $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 29 ’24 when MCGUIRE TERRANCE sold 112,381 shares for $1.66 per share. The transaction valued at 186,575 led to the insider holds 4,688,079 shares of the business.
Adimab, LLC sold 5,000,000 shares of IVVD for $19,750,000 on Jan 19 ’24. The 10% Owner now owns 21,687,906 shares after completing the transaction at $3.95 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, IVVD now has a Market Capitalization of 123011912 and an Enterprise Value of -38877476. For the stock, the TTM Price-to-Sale (P/S) ratio is 47.93 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at -17.172 whereas that against EBITDA is 0.185.
Stock Price History:
Over the past 52 weeks, IVVD has reached a high of $5.20, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -8.60%, while the 200-Day Moving Average is calculated to be -59.24%.
Shares Statistics:
Over the past 3-months, IVVD traded about 443.62K shares per day on average, while over the past 10 days, IVVD traded about 297620 shares per day. A total of 110.16M shares are outstanding, with a floating share count of 72.65M. Insiders hold about 39.18% of the company’s shares, while institutions hold 60.01% stake in the company. Shares short for IVVD as of 1728950400 were 7141913 with a Short Ratio of 16.10, compared to 1726185600 on 7396849. Therefore, it implies a Short% of Shares Outstanding of 7141913 and a Short% of Float of 9.07.
