Innoviz Technologies Ltd (NASDAQ:INVZ)’s traded shares stood at 18.01 million during the last session, with the company’s beta value hitting 0.92. At the close of trading, the stock’s price was $1.67, to imply an increase of 9.15% or $0.14 in intraday trading. The INVZ share’s 52-week high remains $2.82, putting it -68.86% down since that peak but still an impressive 73.05% since price per share fell to its 52-week low of $0.45. The company has a valuation of $307.48M, with an average of 14.42 million shares in intraday trading volume over the past 10 days and average of 3.19 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Innoviz Technologies Ltd (INVZ), translating to a mean rating of 1.80. Of 4 analyst(s) looking at the stock, 0 analyst(s) give INVZ a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy.
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
Innoviz Technologies Ltd (NASDAQ:INVZ) trade information
After registering a 9.15% upside in the last session, Innoviz Technologies Ltd (INVZ) has traded red over the past five days. The 5-day price performance for the stock is 35.75%, and 213.56% over 30 days. With these gigs, the year-to-date price performance is -34.00%. Short interest in Innoviz Technologies Ltd (NASDAQ:INVZ) saw shorts transact 11.39 million shares and set a 10.99 days time to cover.
The extremes give us $1 and $1 for target low and target high price respectively. As such, INVZ has been trading 40.12% off suggested target high and 40.12% from its likely low.
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 79.54% up over the last 6 months, with its year-to-date growth rate higher than industry average at 44.05% against 9.30%.
INVZ Dividends
Innoviz Technologies Ltd 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.
The next major institution holding the largest number of shares is COWEN AND COMPANY, LLC with 8.13 million shares, or about 4.9058% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.54 million.
