Invivyd Inc [NASDAQ: IVVD] gained 3.03% on the last trading session, reaching $2.04 price per share at the time.
If compared to the average trading volume of 12.59M shares, IVVD reached a trading volume of 27114068 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Invivyd Inc [IVVD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IVVD shares is $6.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IVVD stock is a recommendation set at 1.67. 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.
Guggenheim have made an estimate for Invivyd Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 05, 2024. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $4 to $10. The new note on the price target was released on March 26, 2024, representing the official price target for Invivyd Inc stock. Previously, the target price had yet another raise from $1 to $4, while Morgan Stanley kept a Equal-Weight rating on IVVD stock.
The Average True Range (ATR) for Invivyd Inc is set at 0.29, with the Price to Sales ratio for IVVD stock in the period of the last 12 months amounting to 21.11. The Price to Book ratio for the last quarter was 2.93, with the Price to Cash per share for the same quarter was set at 0.89.
Trading performance analysis for IVVD stock
Invivyd Inc [IVVD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 470.31. With this latest performance, IVVD shares gained by 284.25% in over the last four-week period, additionally plugging by 104.00% over the last 6 months – not to mention a drop of -58.20% 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 IVVD stock in for the last two-week period is set at 84.38, with the RSI for the last a single of trading hit 87.10, and the three-weeks RSI is set at 80.87 for Invivyd Inc [IVVD]. The present Moving Average for the last 50 days of trading for this stock 0.62, while it was recorded at 1.69 for the last single week of trading, and 1.13 for the last 200 days.
Invivyd Inc [IVVD]: A deeper dive into fundamental analysis
Invivyd Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.58 and a Current Ratio set at 1.92.
An analysis of Institutional ownership at Invivyd Inc [IVVD]
There are presently around $79.25%, or 96.84%% of IVVD stock, in the hands of institutional investors. The top three institutional holders of IVVD stocks are: MAVERICK CAPITAL LTD with ownership of 11.77 million shares, which is approximately 10.1764%. DEEP TRACK CAPITAL, LP, holding 10.95 million shares of the stock with an approximate value of $$12.05 million in IVVD stocks shares; and DEEP TRACK CAPITAL, LP, currently with $$10.17 million in IVVD stock with ownership which is approximately 7.999%.
