In the last trading session, 445.0 million Invivyd Inc (NASDAQ:IVVD) shares changed hands as the company’s beta touched 0.61. With the company’s per share price at $1.06 changed hands at $0.7 or 196.34% during last session, the market valuation stood at $126.80M. IVVD’s last price was a discount, traded about -381.13% off its 52-week high of $5.10. The share price had its 52-week low at $0.35, which suggests the last value was 66.98% up since then. When we look at Invivyd Inc’s average trading volume, we note the 10-day average is 0.9 million shares, with the 3-month average coming to 1.15 million.
Analysts gave the Invivyd Inc (IVVD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended IVVD as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Invivyd Inc’s EPS for the current quarter is expected to be -0.1.
Invivyd Inc (NASDAQ:IVVD) trade information
Instantly IVVD was in green as seen at the end of in last trading. With action 157.16%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 139.22%, with the 5-day performance at 157.16% in the green. However, in the 30-day time frame, Invivyd Inc (NASDAQ:IVVD) is 139.22% up. Looking at the short shares, we see there were 8.27 million shares sold at short interest cover period of 23.71 days.
The consensus price target for the stock as assigned by Wall Street analysts is 9.5, meaning bulls need an upside of 88.84% from its current market value. According to analyst projections, IVVD’s forecast low is 9 with 10 as the target high. To hit the forecast high, the stock’s price needs a -843.4% plunge from its current level, while the stock would need to soar -749.06% for it to hit the projected low.
Invivyd Inc (IVVD) estimates and forecasts
Data shows that the Invivyd Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -11.30% over the past 6 months, a 13.26% in annual growth rate that is considerably lower than the industry average of 15.90%.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 15.13M. 2 analysts are of the opinion that Invivyd Inc’s revenue for the current quarter will be 32.99M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
The 2025 estimates are for Invivyd Inc earnings to increase by 16.94%.
IVVD Dividends
Invivyd Inc is expected to release its next quarterly earnings report in March.
Invivyd Inc (NASDAQ:IVVD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 18.17% of Invivyd Inc shares while 79.25% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 96.84%. There are 79.25% institutions holding the Invivyd Inc stock share, with MAVERICK CAPITAL LTD the top institutional holder. As of 2024-06-30, the company held 10.1764% of the shares, roughly 11.77 million IVVD shares worth $12.94 million.
DEEP TRACK CAPITAL, LP holds the second largest percentage of outstanding shares, with 9.4742% or 10.95 million shares worth $12.05 million as of 2024-06-30.
