Innovid Corp (NYSE: CTV) kicked off on Friday, remained unchanged from the previous trading day, before settling in for the closing price of $3.04. Over the past 52 weeks, CTV has traded in a range of $1.25-$3.05.
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A company in the Communication Services sector has jumped its sales by 27.35% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 66.67%. With a float of $100.28 million, this company’s outstanding shares have now reached $141.19 million.
In an organization with 466 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 72.24%, operating margin of -4.65%, and the pretax margin is -5.41%.
Innovid Corp (CTV) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Advertising Agencies Industry. The insider ownership of Innovid Corp is 32.50%, while institutional ownership is 30.24%. The most recent insider transaction that took place on Oct 21 ’24, was worth 87,750. Before that another transaction happened on Oct 17 ’24, when Company’s Officer proposed sale 7,700 for $1.95, making the entire transaction worth $15,000.
Innovid Corp (CTV) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 66.67% per share during the next fiscal year.
Innovid Corp (NYSE: CTV) Trading Performance Indicators
Take a look at Innovid Corp’s (CTV) current performance indicators. Last quarter, stock had a quick ratio of 3.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.98. Likewise, its price to free cash flow for the trailing twelve months is 29.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of Innovid Corp (CTV)
Let’s dig in a bit further. During the last 5-days, its volume was 5.25 million. That was better than the volume of 0.7 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 99.31%. Additionally, its Average True Range was 0.15.
During the past 100 days, Innovid Corp’s (CTV) raw stochastic average was set at 99.33%, which indicates a significant increase from 99.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 261.06% in the past 14 days, which was higher than the 112.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.98, while its 200-day Moving Average is $1.99. However, in the short run, Innovid Corp’s stock first resistance to watch stands at $3.04. Second resistance stands at $3.05. The third major resistance level sits at $3.05. If the price goes on to break the first support level at $3.03, it is likely to go to the next support level at $3.03. Assuming the price breaks the second support level, the third support level stands at $3.02.
Innovid Corp (NYSE: CTV) Key Stats
The company with the Market Capitalisation of 451.63 million has total of 148,473K Shares Outstanding. Its annual sales at the moment are 139,880 K in contrast with the sum of -31,910 K annual income. Company’s last quarter sales were recorded 38,250 K and last quarter income was 4,670 K.
