A new trading day began on Tuesday, with Innoviz Technologies Ltd (NASDAQ: INVZ) stock price down -4.94% from the previous day of trading, before settling in for the closing price of $0.65. INVZ’s price has ranged from $0.45 to $3.14 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 54.59% over the past five years. Meanwhile, its annual earnings per share averaged 35.96%. With a float of $198.96 million, this company’s outstanding shares have now reached $198.96 million.
Let’s look at the performance matrix of the company that is accounted for 415 employees. In terms of profitability, gross margin is -4.78%, operating margin of -419.97%, and the pretax margin is -389.77%.
Innoviz Technologies Ltd (INVZ) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Innoviz Technologies Ltd is 0.00%, while institutional ownership is 30.71%. The most recent insider transaction that took place on Dec 24 ’24, was worth 15,300.
Innoviz Technologies Ltd (INVZ) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 35.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.57% during the next five years compared to -463.21% drop over the previous five years of trading.
Innoviz Technologies Ltd (NASDAQ: INVZ) Trading Performance Indicators
Here are Innoviz Technologies Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.29 in one year’s time.
Technical Analysis of Innoviz Technologies Ltd (INVZ)
Innoviz Technologies Ltd (NASDAQ: INVZ) saw its 5-day average volume 2.66 million, a negative change from its year-to-date volume of 10.51 million. As of the previous 9 days, the stock’s Stochastic %D was 25.48%. Additionally, its Average True Range was 0.08.
During the past 100 days, Innoviz Technologies Ltd’s (INVZ) raw stochastic average was set at 6.31%, which indicates a significant decrease from 22.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.54% in the past 14 days, which was lower than the 135.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0110, while its 200-day Moving Average is $0.9082. Nevertheless, the first resistance level for the watch stands at $0.6461 in the near term. At $0.6725, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6950. If the price goes on to break the first support level at $0.5972, it is likely to go to the next support level at $0.5747. The third support level lies at $0.5483 if the price breaches the second support level.
Innoviz Technologies Ltd (NASDAQ: INVZ) Key Stats
With a market capitalization of 123.29 million, the company has a total of 169,397K Shares Outstanding. Currently, annual sales are 24,270 K while annual income is -94,760 K. The company’s previous quarter sales were 6,030 K while its latest quarter income was -18,600 K.
