Innoviz Technologies Ltd (NASDAQ: INVZ) is -2.98% lower on its value in year-to-date trading and has touched a low of $0.45 and a high of $3.14 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 $1.83 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $1.63, the stock is -8.35% and 37.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.6 million and changing -10.93% at the moment leaves the stock 71.04% off its SMA200. INVZ registered -5.23% loss for a year compared to 6-month gain of 103.65%. The firm has a 50-day simple moving average (SMA 50) of $1.16664 and a 200-day simple moving average (SMA200) of $0.95181.
The stock witnessed a 6.54% loss in the last 1 month and extending the period to 3 months gives it a 117.71%, and is 0.62% up 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 12.61% over the week and 17.12% over the month.
Innoviz Technologies Ltd (INVZ) has around 488 employees, a market worth around $274.95M and $33.16M in sales. Profit margin for the company is -321.53%. Distance from 52-week low is 262.22% and -48.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-90.16%).
with sales reaching $5.86M over the same period.The EPS is expected to grow by 33.85% this year, but quarterly earnings will post 15.65% year-over-year. Quarterly sales are estimated to shrink -60.72% 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 7.20%.
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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