Currently, there are 119.60M common shares owned by the public and among those 75.14M shares have been available to trade.
The company’s stock has a 5-day price change of -5.83% and -49.86% over the past three months. IVVD shares are trading 2.01% year to date (YTD), with the 12-month market performance down to -89.59% lower. It has a 12-month low price of $0.40 and touched a high of $5.20 over the same period. IVVD has an average intraday trading volume of 771.03K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -8.57%, -32.30%, and -66.94% respectively.
Institutional ownership of Invivyd Inc (NASDAQ: IVVD) shares accounts for 56.89% of the company’s 119.60M shares outstanding.
It has a market capitalization of $54.07M and a beta (3y monthly) value of 0.64. The earnings-per-share (ttm) stands at -$1.95. Price movements for the stock have been influenced by the stock’s volatility, which stands at 16.16% over the week and 13.52% over the month.
Analysts forecast that Invivyd Inc (IVVD) will achieve an EPS of -0.31 for the current quarter, 0 for the next quarter and 0.18 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.42 while analysts give the company a high EPS estimate of -0.42. Comparatively, EPS for the current quarter was -0.67 a year ago. Earnings per share for the fiscal year are expected to increase by 14.36%, and 92.42% over the next financial year.
Looking at the support for the IVVD, a number of firms have released research notes about the stock. Guggenheim stated their Buy rating for the stock in a research note on April 05, 2024, with the firm’s price target at $9. Morgan Stanley coverage for the Invivyd Inc (IVVD) stock in a research note released on March 26, 2024 offered a Overweight rating with a price target of $10. Morgan Stanley was of a view on December 19, 2023 that the stock is Equal-Weight, while H.C. Wainwright gave the stock Buy rating on May 01, 2023, issuing a price target of $5.
