Innovid Corp (NYSE: CTV) on Friday, soared 4.62% from the previous trading day, before settling in for the closing price of $3.03. Within the past 52 weeks, CTV’s price has moved between $1.25 and $3.09.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 27.35%. The company achieved an average annual earnings per share of 66.67%. With a float of $101.00 million, this company’s outstanding shares have now reached $147.77 million.
Let’s determine the extent of company efficiency that accounts for 466 employees. 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
Observing investor behavior towards Advertising Agencies industry stocks is more important than anything else. The insider ownership of Innovid Corp is 32.01%, 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
Innovid Corp (CTV) is currently performing well based on its current performance indicators. A quick ratio of 3.52 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.25. Likewise, its price to free cash flow for the trailing twelve months is 31.97.
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)
Looking closely at Innovid Corp (NYSE: CTV), its last 5-days average volume was 2.19 million, which is a jump from its year-to-date volume of 0.78 million. As of the previous 9 days, the stock’s Stochastic %D was 34.28%. Additionally, its Average True Range was 0.09.
During the past 100 days, Innovid Corp’s (CTV) raw stochastic average was set at 87.50%, which indicates a significant increase from 37.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.54% in the past 14 days, which was lower than the 109.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.37, while its 200-day Moving Average is $2.08. However, in the short run, Innovid Corp’s stock first resistance to watch stands at $3.37. Second resistance stands at $3.57. The third major resistance level sits at $3.74. If the price goes on to break the first support level at $3.00, it is likely to go to the next support level at $2.83. Now, if the price goes above the second support level, the third support stands at $2.63.
Innovid Corp (NYSE: CTV) Key Stats
Market capitalization of the company is 492.70 million based on 148,473K outstanding shares. Right now, sales total 139,880 K and income totals -31,910 K. The company made 38,250 K in profit during its latest quarter, and 4,670 K in sales during its previous quarter.
