A new trading day began on Tuesday, with Innovid Corp (NYSE: CTV) stock price up 0.33% from the previous day of trading, before settling in for the closing price of $3.06. CTV’s price has ranged from $1.25 to $3.09 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 27.35%. Meanwhile, its annual earnings per share averaged 66.67%. With a float of $100.30 million, this company’s outstanding shares have now reached $147.77 million.
Considering the fact that the conglomerate employs 466 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 72.24%, operating margin of -4.65%, and the pretax margin is -5.41%.
Innovid Corp (CTV) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Advertising Agencies Industry. The insider ownership of Innovid Corp is 32.48%, while institutional ownership is 30.24%. The most recent insider transaction that took place on Dec 03 ’24, was worth 52,000. Before that another transaction happened on Oct 21 ’24, when Company’s Officer proposed sale 45,000 for $1.95, making the entire transaction worth $87,750.
Innovid Corp (CTV) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
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
Here are Innovid Corp’s current performance indicators. According to the last quarter’s results, the 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 3.01. Likewise, its price to free cash flow for the trailing twelve months is 29.60.
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)
Compared to the last year’s volume of 0.75 million, its volume of 2.18 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 55.56%. Additionally, its Average True Range was 0.10.
During the past 100 days, Innovid Corp’s (CTV) raw stochastic average was set at 98.69%, which indicates a significant increase from 98.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 254.08% in the past 14 days, which was higher than the 111.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.16, while its 200-day Moving Average is $2.04. Nevertheless, the first resistance level for the watch stands at $3.08 in the near term. At $3.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.11. If the price goes on to break the first support level at $3.05, it is likely to go to the next support level at $3.04. Now, if the price goes above the second support level, the third support stands at $3.02.
Innovid Corp (NYSE: CTV) Key Stats
With a market capitalization of 456.09 million, the company has a total of 148,473K Shares Outstanding. Currently, annual sales are 139,880 K while annual income is -31,910 K. The company’s previous quarter sales were 38,250 K while its latest quarter income was 4,670 K.
