Invivyd Inc (NASDAQ: IVVD)’s stock price has dropped by -3.52 in relation to previous closing price of 0.58. Nevertheless, the company has seen a loss of -3.98% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-14 that Start Time: 08:30 January 1, 0000 9:18 AM ET Invivyd, Inc. (NASDAQ:IVVD ) Q3 2024 Earnings Conference Call November 14, 2024, 08:30 AM ET Company Participants Marc Elia – Chairperson, Board of Directors and Executive Committee Tim Lee – COO Bill Duke – CFO Robert Allen – CSO Mark Wingertzahn – SVP of Clinical Development and Medical Affairs Katie Falzone – VP, Corporate Controller Conference Call Participants Maxwell Skor – Morgan Stanley Michael Yee – Jefferies Jason Kolbert – D. Boral Capital Luis Santos – H.C.
Is It Worth Investing in Invivyd Inc (NASDAQ: IVVD) Right Now?
IVVD has 36-month beta value of 0.54. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for IVVD is 73.52M, and currently, short sellers hold a 6.60% ratio of that float. The average trading volume of IVVD on December 13, 2024 was 558.51K shares.
IVVD’s Market Performance
IVVD stock saw a decrease of -3.98% in the past week, with a monthly decline of -37.13% and a quarterly a decrease of -50.92%. The volatility ratio for the week is 7.97%, and the volatility levels for the last 30 days are 10.63% for Invivyd Inc (IVVD). The simple moving average for the past 20 days is -14.64% for IVVD’s stock, with a -65.80% simple moving average for the past 200 days.
Analysts’ Opinion of IVVD
Many brokerage firms have already submitted their reports for IVVD stocks, with Guggenheim repeating the rating for IVVD by listing it as a “Buy.” The predicted price for IVVD in the upcoming period, according to Guggenheim is $9 based on the research report published on April 05, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see IVVD reach a price target of $10, previously predicting the price at $4. The rating they have provided for IVVD stocks is “Overweight” according to the report published on March 26th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to IVVD, setting the target price at $4 in the report published on December 19th of the previous year.
IVVD Trading at -33.12% from the 50-Day Moving Average
After a stumble in the market that brought IVVD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.23% of loss for the given period.
Volatility was left at 10.63%, however, over the last 30 days, the volatility rate increased by 7.97%, as shares sank -27.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.43% lower at present.
During the last 5 trading sessions, IVVD fell by -1.80%, which changed the moving average for the period of 200-days by -85.44% in comparison to the 20-day moving average, which settled at $0.6561. In addition, Invivyd Inc saw -85.80% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IVVD starting from MCGUIRE TERRANCE, who sale 175,000 shares at the price of $0.59 back on Dec 10 ’24. After this action, MCGUIRE TERRANCE now owns 4,363,079 shares of Invivyd Inc, valued at $103,005 using the latest closing price.
MCGUIRE TERRANCE, the Director of Invivyd Inc, sale 160,400 shares at $0.59 during a trade that took place back on Dec 11 ’24, which means that MCGUIRE TERRANCE is holding 4,202,679 shares at $94,812 based on the most recent closing price.
Stock Fundamentals for IVVD
Current profitability levels for the company are sitting at:
- -16.11 for the present operating margin
- 0.87 for the gross margin
The net margin for Invivyd Inc stands at -15.43. The total capital return value is set at -2.82. Equity return is now at value -136.59, with -103.08 for asset returns.
Currently, EBITDA for the company is -196.62 million with net debt to EBITDA at 0.45. When we switch over and look at the enterprise to sales, we see a ratio of -2.64. The receivables turnover for the company is 1.79for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.92.
Conclusion
To put it simply, Invivyd Inc (IVVD) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
