Innovid Corp (NYSE: CTV) is 1.94% higher on its value in year-to-date trading and has touched a low of $1.43 and a high of $3.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CTV stock was last observed hovering at around $3.12 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $3.15, the stock is 2.07% and 2.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing 0.96% at the moment leaves the stock 43.14% off its SMA200. CTV registered 108.61% gain for a year compared to 6-month gain of 66.67%. The firm has a 50-day simple moving average (SMA 50) of $3.041 and a 200-day simple moving average (SMA200) of $2.1967.
The stock witnessed a 3.62% loss in the last 1 month and extending the period to 3 months gives it a 63.21%, and is 0.96% 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 0.77% over the week and 0.79% over the month.
Innovid Corp (CTV) has around 466 employees, a market worth around $475.39M and $151.56M in sales. Profit margin for the company is -9.09%. Distance from 52-week low is 120.28% and -7.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.58%).
The EPS is expected to grow by 66.67% this year
106.0 institutions hold shares in Innovid Corp (CTV), with institutional investors hold 53.84% of the company’s shares. The shares outstanding are 147.77M, and float is at 102.93M with Short Float at 3.16%. Institutions hold 49.86% of the Float.
Innovid Corp (CTV) Insider Activity
Still, SEC filings show that on Dec 03 ’24, Markus Kenneth (Officer) Proposed Sale 17,000 shares at an average price of $3.06 for $52000.0. The insider now directly holds shares of Innovid Corp (CTV).
