Invivyd Inc (NASDAQ:IVVD)’s traded shares stood at 0.85 million during the last session, with the company’s beta value hitting 0.53. At the close of trading, the stock’s price was $0.58, to imply an increase of 2.08% or $0.01 in intraday trading. The IVVD share’s 52-week high remains $5.20, putting it -796.55% down since that peak but still an impressive 1.72% since price per share fell to its 52-week low of $0.57. The company has a valuation of $69.70M, with an average of 0.9 million shares in intraday trading volume over the past 10 days and average of 540.97K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Invivyd Inc (IVVD), translating to a mean rating of 1.40. Of 3 analyst(s) looking at the stock, 0 analyst(s) give IVVD a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.31.
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Invivyd Inc (NASDAQ:IVVD) trade information
After registering a 2.08% upside in the last session, Invivyd Inc (IVVD) has traded red over the past five days. The 5-day price performance for the stock is -16.59%, and -43.97% over 30 days. With these gigs, the year-to-date price performance is -85.21%. Short interest in Invivyd Inc (NASDAQ:IVVD) saw shorts transact 8.27 million shares and set a 23.71 days time to cover.
The extremes give us $9 and $10 for target low and target high price respectively. As such, IVVD has been trading -1624.14% off suggested target high and -1451.72% from its likely low.
Invivyd Inc (IVVD) estimates and forecasts
Looking at statistics comparing Invivyd Inc share performance against respective industry, we note that the company has underperformed competitors. Invivyd Inc (IVVD) shares are -65.52% down over the last 6 months, with its year-to-date growth rate lower than industry average at 13.26% against 17.50%.
Revenue forecast for the current quarter as set by 3 analysts is 13.87M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 22M.
IVVD Dividends
Invivyd Inc has its next earnings report out in January. 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.
Invivyd Inc (NASDAQ:IVVD)’s Major holders
Invivyd Inc insiders hold 18.17% of total outstanding shares, with institutional holders owning 79.25% of the shares at 96.84% float percentage. In total, 79.25% institutions holds shares in the company, led by MAVERICK CAPITAL LTD. As of 2024-06-30, the company held over 11.77 million shares (or 10.1764% of shares), all amounting to roughly $12.94 million.
The next major institution holding the largest number of shares is DEEP TRACK CAPITAL, LP with 10.95 million shares, or about 9.4742% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $12.05 million.
