Innoviz Technologies Ltd (NASDAQ: INVZ) on Monday, soared 17.50% from the previous trading day, before settling in for the closing price of $0.78. Within the past 52 weeks, INVZ’s price has moved between $0.45 and $3.14.
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A company in the Consumer Cyclical sector has jumped its sales by 54.59% annually for the last half of the decade. The company achieved an average annual earnings per share of 35.96%. With a float of $198.96 million, this company’s outstanding shares have now reached $198.96 million.
In an organization with 415 employees, it is important to assess its efficiency. 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 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 31.11%. The most recent insider transaction that took place on Dec 24 ’24, was worth 15,300.
Innoviz Technologies Ltd (INVZ) Performance Highlights and Predictions
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
Innoviz Technologies Ltd (INVZ) is currently performing well based on its current performance indicators. A quick ratio of 2.73 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 7.51.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.9 million. That was inferior than the volume of 7.92 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.21%. Additionally, its Average True Range was 0.06.
During the past 100 days, Innoviz Technologies Ltd’s (INVZ) raw stochastic average was set at 16.40%, which indicates a significant decrease from 98.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.26% in the past 14 days, which was lower than the 130.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6784, while its 200-day Moving Average is $0.8752. However, in the short run, Innoviz Technologies Ltd’s stock first resistance to watch stands at $0.9475. Second resistance stands at $0.9788. The third major resistance level sits at $1.0375. If the price goes on to break the first support level at $0.8575, it is likely to go to the next support level at $0.7988. Assuming the price breaks the second support level, the third support level stands at $0.7675.
Innoviz Technologies Ltd (NASDAQ: INVZ) Key Stats
Market capitalization of the company is 182.31 million based on 198,962K outstanding shares. Right now, sales total 24,270 K and income totals -94,760 K. The company made 6,030 K in profit during its latest quarter, and -18,600 K in sales during its previous quarter.
