Innoviz Technologies Ltd (INVZ) kicked off at the price of $1.61: Venture capitalists have an exciting new opportunity

On Monday, Innoviz Technologies Ltd (NASDAQ: INVZ) was -8.00% drop from the session before settling in for the closing price of $1.75. A 52-week range for INVZ has been $0.45 – $3.14.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 64.17%. When this article was written, the company’s average yearly earnings per share was at 33.85%. With a float of $168.68 million, this company’s outstanding shares have now reached $168.68 million.

Considering the fact that the conglomerate employs 488 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -12.0%, operating margin of -345.22%, and the pretax margin is -320.77%.

Innoviz Technologies Ltd (INVZ) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Innoviz Technologies Ltd stocks. The insider ownership of Innoviz Technologies Ltd is 0.00%, while institutional ownership is 32.06%. The most recent insider transaction that took place on Dec 24 ’24, was worth 15,300.

Innoviz Technologies Ltd (INVZ) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 33.85% per share during the next fiscal year.

Innoviz Technologies Ltd (NASDAQ: INVZ) Trading Performance Indicators

You can see what Innoviz Technologies Ltd (INVZ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.64, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.51 in one year’s time.

Technical Analysis of Innoviz Technologies Ltd (INVZ)

Compared to the last year’s volume of 21.69 million, its volume of 27.07 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.96%. Additionally, its Average True Range was 0.28.

During the past 100 days, Innoviz Technologies Ltd’s (INVZ) raw stochastic average was set at 43.12%, which indicates a significant increase from 25.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 173.23% in the past 14 days, which was higher than the 116.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.9918, while its 200-day Moving Average is $0.9392. Nevertheless, the first resistance level for the watch stands at $1.6993 in the near term. At $1.7887, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8883. If the price goes on to break the first support level at $1.5103, it is likely to go to the next support level at $1.4107. Now, if the price goes above the second support level, the third support stands at $1.3213.

Innoviz Technologies Ltd (NASDAQ: INVZ) Key Stats

There are 136,185K outstanding shares of the company, which has a market capitalization of 271.57 million. As of now, sales total 20,880 K while income totals -123,450 K. Its latest quarter income was 4,520 K while its last quarter net income were -24,860 K.