Innoviz Technologies Ltd (NASDAQ: INVZ) Could Soar To Much Higher Prices In Coming Months

In the latest trading session,, 0.64 million Innoviz Technologies Ltd (NASDAQ:INVZ) shares changed hands as the company’s beta touched 1.02. With the company’s most recent per share price at $1.17 changed hands at -$0.03 or -2.50% at last look, the market valuation stands at $194.03M. INVZ’s current price is a discount, trading about -275.21% off its 52-week high of $4.39. The share price had its 52-week low at $1.20, which suggests the last value was -2.56% down since then. When we look at Innoviz Technologies Ltd’s average trading volume, we note the 3-month average coming to 2.82 million.

Innoviz Technologies Ltd (NASDAQ:INVZ) trade information

Instantly INVZ was in red as seen in intraday trades today. With action -17.02%, the performance over the past five days has been red. The drop to weekly highs of 1.4400 subtracted -2.50% to the stock’s daily price. The company’s shares are showing year-to-date downside of -53.75%, with the 5-day performance at -17.02% in the red. However, in the 30-day time frame, Innoviz Technologies Ltd (NASDAQ:INVZ) is -10.00% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.

Innoviz Technologies Ltd (INVZ) estimates and forecasts

Data shows that the Innoviz Technologies Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -25.95% over the past 6 months, a 16.67% in annual growth rate that is considerably higher than the industry average of 14.20%. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 24.35%. The 2024 estimates are for Innoviz Technologies Ltd earnings to increase by 20.52%.