Innoviz Technologies Ltd (NASDAQ:INVZ) has a beta value of 1.08 and has seen 1.31 million shares traded in the last trading session. The company, currently valued at $195.69M, closed the last trade at $1.18 per share which meant it gained $0.16 on the day or 15.69% during that session. The INVZ stock price is -272.03% off its 52-week high price of $4.39 and 20.34% above the 52-week low of $0.94. The 3-month trading volume is 2.51 million shares.
Innoviz Technologies Ltd (NASDAQ:INVZ) trade information
Sporting 15.69% in the green in last session, the stock has traded in the green over the last five days, when the INVZ stock price touched $1.18. Year-to-date, Innoviz Technologies Ltd shares have moved -53.36%, while the 5-day performance has seen it change 16.83%. Over the past 30 days, the shares of Innoviz Technologies Ltd (NASDAQ:INVZ) have changed -11.28%.
Innoviz Technologies Ltd (INVZ) estimates and forecasts
Figures show that Innoviz Technologies Ltd shares have outperformed across the wider relevant industry. The company’s shares have lost -17.48% over the past 6 months, with this year growth rate of 16.67%, compared to 12.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 42.30% and 34.80% for the next quarter. Revenue growth from the last financial year stood is estimated to be 90.70%.
5 analysts offering their estimates for the company have set an average revenue estimate of $5.6 million for the current quarter. 5 have an estimated revenue figure of $5.3 million for the next quarter concluding in Jun 2024. Year-ago sales stood $1.5 million and $1.06 million respectively for this quarter and the next, and analysts expect sales will grow by 273.30% for the current quarter and 400.00% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 24.35% over the past 5 years.
INVZ Dividends
Innoviz Technologies Ltd is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
