Invivyd Inc (NASDAQ:IVVD) shares traded 17.92% higher at $1.25 on Wall Street last session.
IVVD stock price is now 131.07% away from the 50-day moving average and 9.92% away from the 200-day moving average. The market capitalization of the company currently stands at $149.52M.
With the price target maintained at $9, Guggenheim recently Upgraded its rating from Neutral to Buy for Invivyd Inc (NASDAQ: IVVD). On March 26, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $4 to quote $10, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, MCGUIRE TERRANCE, Director sold 103,474 shares of the company’s stock on Dec 31 ’24. The stock was sold for $46,098 at an average price of $0.45. Upon completion of the transaction, the Director now directly owns 3,066,757 shares in the company, valued at $3.83 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 27 ’24, Director MCGUIRE TERRANCE sold 83,744 shares of the business’s stock. A total of $43,647 was realized by selling the stock at an average price of $0.52. This leaves the insider owning 3,256,776 shares of the company worth $4.07 million. A total of 37.18% of the company’s stock is owned by insiders.
During the past 12 months, Invivyd Inc has had a low of $0.35 and a high of $5.10. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 1.92, and a quick ratio of 1.58. The fifty day moving average price for IVVD is $0.53132 and a two-hundred day moving average price translates $1.14333 for the stock.
The latest earnings results from Invivyd Inc (NASDAQ: IVVD) was released for 2024-06-30. The net profit margin was -1946.87% and return on equity was -136.59% for IVVD.
