Currently, there are 198.96M common shares owned by the public and among those 194.84M shares have been available to trade.
The company’s stock has a 5-day price change of 38.40% and 91.09% over the past three months. INVZ shares are trading 39.11% year to date (YTD), with the 12-month market performance down to -20.83% lower. It has a 12-month low price of $0.45 and touched a high of $3.14 over the same period. INVZ has an average intraday trading volume of 4.24 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 37.57%, 57.71%, and 46.54% respectively.
Institutional ownership of Innoviz Technologies Ltd (NASDAQ: INVZ) shares accounts for 28.73% of the company’s 198.96M shares outstanding.
It has a market capitalization of $264.62M and a beta (3y monthly) value of 0.94. The earnings-per-share (ttm) stands at -$0.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.27% over the week and 6.27% over the month.
Earnings per share for the fiscal year are expected to increase by 45.61%, and 13.71% over the next financial year. EPS should grow at an annualized rate of 27.75% over the next five years, compared to -463.21% over the past 5-year period.
Looking at the support for the INVZ, a number of firms have released research notes about the stock. Rosenblatt stated their Buy rating for the stock in a research note on December 20, 2024, with the firm’s price target at $4. Goldman was of a view on July 11, 2024 that the stock is Neutral, while Rosenblatt gave the stock Neutral rating on October 25, 2022, issuing a price target of $5. Berenberg on their part issued Buy rating on September 28, 2022.
