Innoviz Technologies Ltd (NASDAQ: INVZ) on Friday, soared 7.03% from the previous trading day, before settling in for the closing price of $0.91. Within the past 52 weeks, INVZ’s price has moved between $0.45 and $3.14.
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Annual sales at Consumer Cyclical sector company grew by 64.17% over the past five years. The company achieved an average annual earnings per share of 33.85%. With a float of $198.17 million, this company’s outstanding shares have now reached $198.17 million.
Let’s look at the performance matrix of the company that is accounted for 488 employees. 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) Insider Updates
Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Innoviz Technologies Ltd is 0.00%, while institutional ownership is 23.49%. The most recent insider transaction that took place on Dec 24 ’24, was worth 15,300.
Innoviz Technologies Ltd (INVZ) Performance Highlights and Predictions
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. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.89% during the next five years compared to 24.35% growth over the previous five years of trading.
Innoviz Technologies Ltd (NASDAQ: INVZ) Trading Performance Indicators
Innoviz Technologies Ltd (INVZ) is currently performing well based on its current performance indicators. A quick ratio of 3.59 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 5.85.
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)
Innoviz Technologies Ltd (NASDAQ: INVZ) saw its 5-day average volume 29.55 million, a positive change from its year-to-date volume of 14.02 million. As of the previous 9 days, the stock’s Stochastic %D was 12.38%. Additionally, its Average True Range was 0.21.
During the past 100 days, Innoviz Technologies Ltd’s (INVZ) raw stochastic average was set at 19.67%, which indicates a significant decrease from 21.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 161.12% in the past 14 days, which was higher than the 133.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3989, while its 200-day Moving Average is $0.9699. Nevertheless, the first resistance level for the watch stands at $1.0554 in the near term. At $1.1317, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1935. If the price goes on to break the first support level at $0.9173, it is likely to go to the next support level at $0.8555. Assuming the price breaks the second support level, the third support level stands at $0.7792.
Innoviz Technologies Ltd (NASDAQ: INVZ) Key Stats
Market capitalization of the company is 194.01 million based on 136,185K outstanding shares. Right now, sales total 20,880 K and income totals -123,450 K. The company made 4,520 K in profit during its latest quarter, and -24,860 K in sales during its previous quarter.
