In Wednesday’s Wall Street session, Innoviz Technologies Ltd (NASDAQ:INVZ) shares traded at $1.32, up 20.00% from the previous session.
INVZ stock price is now 59.63% away from the 50-day moving average and 45.98% away from the 200-day moving average. The market capitalization of the company currently stands at $262.63M.
With the price target maintained at $4, Rosenblatt recently Upgraded its rating from Neutral to Buy for Innoviz Technologies Ltd (NASDAQ: INVZ). , while ‘Goldman’ rates the stock as ‘Neutral’
In other news, Cegla Eldar Mordechay, Officer bought 10,000 shares of the company’s stock on Dec 24 ’24. The stock was bought for $15,300 at an average price of $1.53. A total of 2.07% of the company’s stock is owned by insiders.
During the past 12 months, Innoviz Technologies Ltd has had a low of $0.45 and a high of $3.14. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 4.30, and a quick ratio of 4.23. The fifty day moving average price for INVZ is $0.82694 and a two-hundred day moving average price translates $0.904275 for the stock.
The latest earnings results from Innoviz Technologies Ltd (NASDAQ: INVZ) was released for 2025-03-31. The net profit margin was -223.29% and return on equity was -65.19% for INVZ. The company reported revenue of $17.39 million for the quarter, compared to $7.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 146.42 percent. For the current quarter, analysts expect INVZ to generate $9M in revenue.
