During the last session, Invivyd Inc (NASDAQ:IVVD)’s traded shares were 0.41 million, with the beta value of the company hitting 0.66. At the end of the trading day, the stock’s price was $0.91, reflecting an intraday gain of 2.36% or $0.02. The 52-week high for the IVVD share is $5.20, that puts it down -471.43 from that peak though still a striking 10.99% gain since the share price plummeted to a 52-week low of $0.81. The company’s market capitalization is $109.12M, and the average intraday trading volume over the past 10 days was 0.32 million shares, and the average trade volume was 456.12K shares over the past three months.
Invivyd Inc (IVVD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.40. IVVD has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.34.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Invivyd Inc (NASDAQ:IVVD) trade information
Invivyd Inc (IVVD) registered a 2.36% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.36% in intraday trading to $0.91, hitting a weekly high. The stock’s 5-day price performance is -6.21%, and it has moved by -4.89% in 30 days. Based on these gigs, the overall price performance for the year is -37.85%. The short interest in Invivyd Inc (NASDAQ:IVVD) is 7.14 million shares and it means that shorts have 16.55 day(s) to cover.
The consensus price target of analysts on Wall Street is $9.5, which implies an increase of 90.42% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $10 respectively. As a result, IVVD is trading at a discount of -998.9% off the target high and -889.01% off the low.
Invivyd Inc (IVVD) estimates and forecasts
Statistics show that Invivyd Inc has outperformed its competitors in share price, compared to the industry in which it operates. Invivyd Inc (IVVD) shares have gone down -62.25% during the last six months, with a year-to-date growth rate more than the industry average at 66.85% against 17.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 5.60% this quarter and then jump 109.00% in the quarter after that.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 27.25M as predicted by 4 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 117.6M by the end of current fiscal year.
While earnings are projected to return 54.14% in 2024.
IVVD Dividends
Invivyd Inc is due to release its next quarterly earnings on 2024-Nov-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Invivyd Inc (NASDAQ:IVVD)’s Major holders
Invivyd Inc insiders own 18.17% of total outstanding shares while institutional holders control 80.28%, with the float percentage being 98.11%. MAVERICK CAPITAL LTD is the largest shareholder of the company, while 108.0 institutions own stock in it. As of 2024-06-30, the company held over 11.77 million shares (or 10.1764% of all shares), a total value of $12.94 million in shares.
The next largest institutional holding, with 10.95 million shares, is of DEEP TRACK CAPITAL, LP’s that is approximately 9.4742% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $12.05 million.
