Innoviz Technologies Ltd (NASDAQ: INVZ)’s stock price has decreased by -6.91 compared to its previous closing price of 1.88. However, the company has seen a -2.78% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-07 that Innoviz Perception Software offers key features running with the NVIDIA DRIVE AGX Orin platform Innoviz booth at CES is on West Hall, booth #4216 TEL AVIV, Israel, Jan. 7, 2025 /PRNewswire/ — Innoviz Technologies Ltd. (Nasdaq: INVZ) (the “Company” or “Innoviz”), a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, is proud to announce its latest technological advancements, which will be showcased at CES 2025.
Is It Worth Investing in Innoviz Technologies Ltd (NASDAQ: INVZ) Right Now?
Moreover, the 36-month beta value for INVZ is 0.72. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for INVZ is 168.68M and currently, short sellers hold a 7.20% of that float. On January 13, 2025, INVZ’s average trading volume was 6.24M shares.
INVZ’s Market Performance
INVZ’s stock has seen a -2.78% decrease for the week, with a 151.80% rise in the past month and a 119.08% gain in the past quarter. The volatility ratio for the week is 22.05%, and the volatility levels for the past 30 days are at 20.49% for Innoviz Technologies Ltd The simple moving average for the past 20 days is 16.88% for INVZ’s stock, with a 86.61% simple moving average for the past 200 days.
Analysts’ Opinion of INVZ
Many brokerage firms have already submitted their reports for INVZ stocks, with Rosenblatt repeating the rating for INVZ by listing it as a “Buy.” The predicted price for INVZ in the upcoming period, according to Rosenblatt is $4 based on the research report published on December 20, 2024 of the previous year 2024.
Goldman gave a rating of “Neutral” to INVZ, setting the target price at $1 in the report published on July 11th of the previous year.
INVZ Trading at 79.84% from the 50-Day Moving Average
After a stumble in the market that brought INVZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.27% of loss for the given period.
Volatility was left at 20.49%, however, over the last 30 days, the volatility rate increased by 22.05%, as shares surge +157.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +147.18% upper at present.
During the last 5 trading sessions, INVZ fell by -2.78%, which changed the moving average for the period of 200-days by +33.59% in comparison to the 20-day moving average, which settled at $1.4973. In addition, Innoviz Technologies Ltd saw 4.17% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at INVZ starting from Cegla Eldar Mordechay, who proposed sale 10,000 shares at the price of $1.53 back on Dec 24 ’24. After this action, Cegla Eldar Mordechay now owns shares of Innoviz Technologies Ltd, valued at $15,300 using the latest closing price.
Stock Fundamentals for INVZ
Current profitability levels for the company are sitting at:
- -3.45 for the present operating margin
- -0.12 for the gross margin
The net margin for Innoviz Technologies Ltd stands at -3.22. The total capital return value is set at -0.97. Equity return is now at value -78.99, with -55.97 for asset returns.
Currently, EBITDA for the company is -123.41 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 8.96. The receivables turnover for the company is 9.37for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.64.
Conclusion
To wrap up, the performance of Innoviz Technologies Ltd (INVZ) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
