On Friday, Innoviz Technologies Ltd (NASDAQ: INVZ) opened lower -7.70% from the last session, before settling in for the closing price of $0.75. Price fluctuations for INVZ have ranged from $0.50 to $2.99 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 31.34%. Company’s average yearly earnings per share was noted 33.99% at the time writing. With a float of $166.86 million, this company’s outstanding shares have now reached $166.86 million.
In terms of profitability, gross margin is -18.84%, operating margin of -368.35%, and the pretax margin is -337.89%.
Innoviz Technologies Ltd (INVZ) Insider Updates
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Innoviz Technologies Ltd is 0.00%, while institutional ownership is 32.15%.
Innoviz Technologies Ltd (INVZ) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.18 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.22) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.99% per share during the next fiscal year.
Innoviz Technologies Ltd (NASDAQ: INVZ) Trading Performance Indicators
Check out the current performance indicators for Innoviz Technologies Ltd (INVZ). In the past quarter, the stock posted a quick ratio of 4.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.67, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.52 in one year’s time.
Technical Analysis of Innoviz Technologies Ltd (INVZ)
The latest stats from [Innoviz Technologies Ltd, INVZ] show that its last 5-days average volume of 0.89 million was inferior to 2.06 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 20.55%. Additionally, its Average True Range was 0.06.
During the past 100 days, Innoviz Technologies Ltd’s (INVZ) raw stochastic average was set at 32.23%, which indicates a significant increase from 12.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.07% in the past 14 days, which was lower than the 70.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7249, while its 200-day Moving Average is $1.1009. Now, the first resistance to watch is $0.7452. This is followed by the second major resistance level at $0.8003. The third major resistance level sits at $0.8387. If the price goes on to break the first support level at $0.6517, it is likely to go to the next support level at $0.6133. Assuming the price breaks the second support level, the third support level stands at $0.5582.
Innoviz Technologies Ltd (NASDAQ: INVZ) Key Stats
There are currently 136,185K shares outstanding in the company with a market cap of 115.13 million. Presently, the company’s annual sales total 20,880 K according to its annual income of -123,450 K. Last quarter, the company’s sales amounted to 6,660 K and its income totaled -21,170 K.
