Innoviz Technologies Ltd (NASDAQ:INVZ): Buy, Sell Or Hold At $1.13?

In recent trading session, Innoviz Technologies Ltd (NASDAQ:INVZ) saw 1.13 million shares changing hands at last check today with its beta currently measuring 1.04. Company’s recent per share price level of $1.13 trading at $0.01 or 1.34% at last check today assigns it a market valuation of $188.23M. That most recent trading price of INVZ’s stock is at a discount of -288.5% from its 52-week high price of $4.39 and is indicating a premium of 16.81% from its 52-week low price of $0.94. Taking a look at company’s average trading volume of 2.24 million if we extend that period to 3-months.

Innoviz Technologies Ltd (NASDAQ:INVZ) trade information

Upright in the green today for gaining 1.34%, in the last five days INVZ remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $1.13 price level, adding 11.02% to its value on the day. Innoviz Technologies Ltd’s shares saw a change of -55.14% in year-to-date performance and have moved -3.81% in past 5-day. Innoviz Technologies Ltd (NASDAQ:INVZ) showed a performance of -23.31% in past 30-days.

Innoviz Technologies Ltd (INVZ) estimates and forecasts

Statistics highlight that Innoviz Technologies Ltd is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -20.07% of value to its shares in past 6 months, showing an annual growth rate of 16.67% while that of industry is 14.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 90.70% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 5.6M for the same. And 5 analysts are in estimates of company making revenue of 5.3M in the next quarter. Company posted 1.5M and 1.06M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 24.35% during past 5 years.

INVZ Dividends

Innoviz Technologies Ltd is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.