A new trading day began on Friday, with Innoviz Technologies Ltd (NASDAQ: INVZ) stock price up 18.33% from the previous day of trading, before settling in for the closing price of $1.5. INVZ’s price has ranged from $0.45 to $3.14 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales slided by -463.21%. Meanwhile, its annual earnings per share averaged 42.98%. With a float of $194.84 million, this company’s outstanding shares have now reached $200.77 million.
The extent of productivity of a business whose workforce counts for 415 workers is very important to gauge. In terms of profitability, gross margin is 20.57%, operating margin of -239.75%, and the pretax margin is -222.86%.
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 2.07%, while institutional ownership is 29.03%. The most recent insider transaction that took place on Dec 24 ’24, was worth 15,300.
Innoviz Technologies Ltd (INVZ) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.15 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 42.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.83% 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 3.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.27 in one year’s time.
Technical Analysis of Innoviz Technologies Ltd (INVZ)
The latest stats from [Innoviz Technologies Ltd, INVZ] show that its last 5-days average volume of 11.39 million was superior to 8.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 41.89%.
During the past 100 days, Innoviz Technologies Ltd’s (INVZ) raw stochastic average was set at 80.43%, which indicates a significant decrease from 83.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1421 in the past 14 days, which was higher than the 0.1054 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4840, while its 200-day Moving Average is $1.0800. Now, the first resistance to watch is $1.9000. This is followed by the second major resistance level at $2.0250. The third major resistance level sits at $2.2400. If the price goes on to break the first support level at $1.5600, it is likely to go to the next support level at $1.3450. The third support level lies at $1.2200 if the price breaches the second support level.
Innoviz Technologies Ltd (NASDAQ: INVZ) Key Stats
With a market capitalization of 353.16 million, the company has a total of 201,320K Shares Outstanding. Currently, annual sales are 24,270 K while annual income is -94,760 K. The company’s previous quarter sales were 17,390 K while its latest quarter income was -12,640 K.
