Innovid Corp (NYSE: CTV) is -2.27% lower on its value in year-to-date trading and has touched a low of $1.25 and a high of $3.40 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 CTV stock was last observed hovering at around $3.06 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $3.02, the stock is -1.52% and 12.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.06 million and changing -1.31% at the moment leaves the stock 40.96% off its SMA200. CTV registered 98.68% gain for a year compared to 6-month gain of 72.57%. The firm has a 50-day simple moving average (SMA 50) of $2.651 and a 200-day simple moving average (SMA200) of $2.13965.
The stock witnessed a -1.63% loss in the last 1 month and extending the period to 3 months gives it a 68.72%, and is -0.66% 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 0.99% over the week and 1.46% over the month.
Innovid Corp (CTV) has around 466 employees, a market worth around $448.66M and $151.56M in sales. Profit margin for the company is -9.09%. Distance from 52-week low is 141.60% and -11.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.58%).
with sales reaching $38.8M over the same period.The EPS is expected to grow by 66.67% this year, but quarterly earnings will post 8.53% year-over-year. Quarterly sales are estimated to grow 0.47% in year-over-year returns.
Innovid Corp (CTV) Top Institutional Holders
101.0 institutions hold shares in Innovid Corp (CTV), with institutional investors hold 64.44% of the company’s shares. The shares outstanding are 147.77M, and float is at 101.29M with Short Float at 1.09%. Institutions hold 55.93% of the Float.
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Innovid Corp (CTV) Insider Activity
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Still, SEC filings show that on Oct 17 ’24, Markus Kenneth (Officer) Proposed Sale 7,700 shares at an average price of $1.95 for $15000.0. The insider now directly holds shares of Innovid Corp (CTV).
