In the last trading session, 2.77 million shares of the Invivyd Inc (NASDAQ:IVVD) were traded, and its beta was 0.31. Most recently the company’s share price was $0.74, and it changed around $0.0 or -0.08% from the last close, which brings the market valuation of the company to $88.53M. IVVD currently trades at a discount to its 52-week high of $4.74, offering almost -540.54% off that amount. The share price’s 52-week low was $0.35, which indicates that the current value has risen by an impressive 52.7% since then. We note from Invivyd Inc’s average daily trading volume that its 10-day average is 2.36 million shares, with the 3-month average coming to 15.80 million.
Invivyd Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended IVVD as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Invivyd Inc is expected to report earnings per share of -0.01 for the current quarter.
Invivyd Inc (NASDAQ:IVVD) trade information
Instantly IVVD has showed a red trend with a performance of -0.08% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.8963 on recent trading dayincreased the stock’s daily price by 17.44%. The company’s shares are currently up 66.55% year-to-date, but still down -8.29% over the last five days. On the other hand, Invivyd Inc (NASDAQ:IVVD) is -39.01% down in the 30-day period. We can see from the shorts that 9.36 million shares have been sold at a short interest cover period of 0.25 day(s).
The consensus price target as assigned by Wall Street analysts is $9.5, which translates to bulls needing to increase their stock price by 92.21% from its current value. Analyst projections state that IVVD is forecast to be at a low of $9 and a high of $10.
Invivyd Inc (IVVD) estimates and forecasts
The year-over-year growth rate is expected to be 481.58%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 29.33M in revenue for the current quarter. 2 analysts expect Invivyd Inc to make 31.74M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 1,302.01%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -24.99%.
IVVD Dividends
Invivyd Inc’s next quarterly earnings report is expected to be released on 2025-Mar-19.
Invivyd Inc (NASDAQ:IVVD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 18.09% of Invivyd Inc shares, and 71.30% of them are in the hands of institutional investors. The stock currently has a share float of 87.04%. Invivyd Inc stock is held by 108.0 institutions, with MAVERICK CAPITAL LTD being the largest institutional investor. By 2024-06-30, it held 10.1764% of the shares, which is about 11.77 million shares worth $12.94 million.
DEEP TRACK CAPITAL, LP, with 9.4742% or 10.95 million shares worth $12.05 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
