Innoviz Technologies Ltd (NASDAQ: INVZ) is -80.75% lower on its value in year-to-date trading and has touched a low of $0.50 and a high of $2.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INVZ stock was last observed hovering at around $0.50 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.49, the stock is -24.61% and -31.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.79 million and changing -2.60% at the moment leaves the stock -51.87% off its SMA200. INVZ registered -76.47% loss for a year compared to 6-month loss of -60.08%. The firm has a 50-day simple moving average (SMA 50) of $0.70944 and a 200-day simple moving average (SMA200) of $1.01184.
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The stock witnessed a -38.35% gain in the last 1 month and extending the period to 3 months gives it a -36.75%, and is -24.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.61% over the week and 9.78% over the month.
Profit margin for the company is -321.53%. Distance from 52-week low is -2.60% and -83.71% from its 52-week high. The company has generated returns on investments over the last 12 months (-90.16%).
with sales reaching $6M over the same period.The EPS is expected to grow by 35.18% this year, but quarterly earnings will post 16.42% year-over-year. Quarterly sales are estimated to shrink -59.78% in year-over-year returns.
Innoviz Technologies Ltd (INVZ) Top Institutional Holders
The shares outstanding are 168.68M, and float is at 168.68M with Short Float at 6.75%.
The top institutional shareholder in the company is CITIGROUP INC with over 8.79 million shares valued at $8.15 million. The investor’s holdings represent 5.3058% of the INVZ Shares outstanding. As of 2024-06-30, the second largest holder is COWEN AND COMPANY, LLC with 8.13 million shares valued at $7.54 million to account for 4.9058 of the shares outstanding. The other top investors are ANTARA CAPITAL LP which holds 7.5 million shares representing 4.5272% and valued at over $6.96 million, while FIFTHDELTA LTD holds 3.8625 of the shares totaling 6.4 million with a market value of $5.93 million.
Innoviz Technologies Ltd (INVZ) Insider Activity
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