During the last session, Innoviz Technologies Ltd (NASDAQ:INVZ)’s traded shares were 26.24 million, with the beta value of the company hitting 0.74. At the end of the trading day, the stock’s price was $0.87, reflecting an intraday loss of -11.90% or -$0.12. The 52-week high for the INVZ share is $3.14, that puts it down -260.92 from that peak though still a striking 48.28% gain since the share price plummeted to a 52-week low of $0.45. The company’s market capitalization is $147.13M, and the average intraday trading volume over the past 10 days was 10.38 million shares, and the average trade volume was 9.32 million shares over the past three months.
Innoviz Technologies Ltd (INVZ) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.80. INVZ has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.
Innoviz Technologies Ltd (NASDAQ:INVZ) trade information
Innoviz Technologies Ltd (INVZ) registered a -11.90% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -11.90% in intraday trading to $0.87, hitting a weekly high. The stock’s 5-day price performance is -41.07%, and it has moved by -45.83% in 30 days. Based on these gigs, the overall price performance for the year is -47.77%. The short interest in Innoviz Technologies Ltd (NASDAQ:INVZ) is 11.39 million shares and it means that shorts have 10.99 day(s) to cover.
The consensus price target of analysts on Wall Street is $3, which implies an increase of 71.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $13 respectively. As a result, INVZ is trading at a discount of -1394.25% off the target high and -14.94% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 24.35%. While earnings are projected to return 33.85% in 2025, the next five years will return 22.62% per annum.
INVZ Dividends
Innoviz Technologies Ltd is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 8.13 million shares, is of COWEN AND COMPANY, LLC’s that is approximately 4.9058% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.54 million.
Also, the Mutual Funds coming in first place with the largest holdings of Innoviz Technologies Ltd (INVZ) shares are Neuberger & Berman Intrinsic Value Fd and SPDR Portfolio Developed World ex-US ETF . Data provided on Nov 30, 2024 indicates that Neuberger & Berman Intrinsic Value Fd owns about 1.41 shares. This amounts to just over 1.03 percent of the company’s overall shares, with a $1.23 million market value. The same data shows that the other fund manager holds slightly less at 517.55, or about 0.38% of the stock, which is worth about $0.45 million.
