Innovid Corp [NYSE: CTV] stock went on a downward path that fall over 0.00% on Tuesday, amounting to a one-week price increase of more than 0.32%.
Over the last 12 months, CTV stock rose by 108.00%. The one-year Innovid Corp stock forecast points to a potential upside of 0.95. The average equity rating for CTV stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $470.87 million, with 147.77 million shares outstanding and 102.93 million shares in the current float. Compared to the average trading volume of 2.76M shares, CTV stock reached a trading volume of 5256398 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Innovid Corp [CTV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CTV shares is $3.15 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CTV stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JMP Securities have made an estimate for Innovid Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on November 21, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Underweight. The new note on the price target was released on September 13, 2022, representing the official price target for Innovid Corp stock.
The Average True Range (ATR) for Innovid Corp is set at 0.03, with the Price to Sales ratio for CTV stock in the period of the last 12 months amounting to 3.11. The Price to Book ratio for the last quarter was 2.31, with the Price to Cash per share for the same quarter was set at 0.23. Price to Free Cash Flow for CTV in the course of the last twelve months was 30.56 with Quick ratio for the last quarter at 3.52.
CTV Stock Performance Analysis:
Innovid Corp [CTV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.32. With this latest performance, CTV shares gained by 2.97% in over the last four-week period, additionally plugging by 62.50% over the last 6 months – not to mention a rise of 108.00% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CTV stock in for the last two-week period is set at 65.66, with the RSI for the last a single of trading hit 65.87, and the three-weeks RSI is set at 66.42 for Innovid Corp [CTV]. The present Moving Average for the last 50 days of trading for this stock 3.04, while it was recorded at 3.12 for the last single week of trading, and 2.20 for the last 200 days.
Insight into Innovid Corp Fundamentals:
Innovid Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.52 and a Current Ratio set at 3.52.
Innovid Corp [CTV] Institutonal Ownership Details
There are presently around $49.87%, or 53.85%% of CTV stock, in the hands of institutional investors.
