Innoviz Technologies Ltd (NASDAQ:INVZ)’s traded shares stood at 0.41 million during the latest session, with the company’s beta value hitting 1.07. At the last check today, the stock’s price was $1.08, to imply an increase of 0.47% or $0.01 in intraday trading. The INVZ share’s 52-week high remains $4.39, putting it -306.48% down since that peak but still an impressive 4.63% since price per share fell to its 52-week low of $1.03. The company has a valuation of $178.28M, with an average of 2.76 million shares over the past 3 months.
Innoviz Technologies Ltd (NASDAQ:INVZ) trade information
After registering a 0.47% upside in the latest session, Innoviz Technologies Ltd (INVZ) has traded red over the past five days. The stock hit a weekly high of 1.3100, jumping 0.47% in its intraday price action. The 5-day price performance for the stock is -18.56%, and -17.94% over 30 days. With these gigs, the year-to-date price performance is -57.51%.
Innoviz Technologies Ltd (INVZ) estimates and forecasts
Looking at statistics comparing Innoviz Technologies Ltd share performance against respective industry, we note that the company has outperformed competitors. Innoviz Technologies Ltd (INVZ) shares are -33.64% down over the last 6 months, with its year-to-date growth rate higher than industry average at 16.67% against 14.80%. Revenue is forecast to grow 42.30% this quarter before jumping 34.80% for the next one. The rating firms project that company’s revenue will grow 90.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is $5.6 million. Meanwhile, for the quarter ending Jun 2024, a total of 5 analyst(s) estimate revenue growth to $5.3 million.Earnings reports from the last fiscal year show that sales brought in $1.5 million and $1.06 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 273.30% before jumping 400.00% in the following quarter.
INVZ Dividends
Innoviz Technologies Ltd has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Innoviz Technologies Ltd has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
