Invivyd Inc [NASDAQ: IVVD] surged by $0.07 during the normal trading session on Wednesday and reaching a high of $1.45 during the day while it closed the day at $1.29.
Invivyd Inc stock has also gained 24.04% of its value over the past 7 days. However, IVVD stock has inclined by 42.46% in the 3 months of the year. Over the past six months meanwhile, it has gained 52.50% and gained 58.48% year-on date.
The market cap for IVVD stock reached $251.49 million, with 194.95 million shares outstanding and 124.82 million shares in the current float. Compared to the average trading volume of 5.13M shares, IVVD reached a trading volume of 8793269 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $3.00 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 1.00. 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.
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 Price to Book ratio for the last quarter was 3.62, with the Price to Cash per share for the same quarter was set at 0.18.
IVVD stock trade performance evaluation
Invivyd Inc [IVVD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.04. With this latest performance, IVVD shares gained by 67.58% in over the last four-week period, additionally plugging by 52.50% over the last 6 months – not to mention a rise of 191.13% 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 71.17, with the RSI for the last a single of trading hit 0.1543, and the three-weeks RSI is set at 0.1226 for Invivyd Inc [IVVD]. The present Moving Average for the last 50 days of trading for this stock 0.7971, while it was recorded at 1.1615 for the last single week of trading, and 0.7684 for the last 200 days.
Invivyd Inc [IVVD]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Invivyd Inc [IVVD] shares currently have an operating margin of -245.67% and a Gross Margin at 86.23%. Invivyd Inc’s Net Margin is presently recorded at -238.33%.
Invivyd Inc (IVVD) Capital Structure & Debt Analysis
According to recent financial data for Invivyd Inc. ( IVVD), the Return on Equity (ROE) stands at -120.08%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -82.65%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Invivyd Inc’s Return on Invested Capital (ROIC) is -246.45%, showcasing its effectiveness in deploying capital for earnings.
Invivyd Inc (IVVD) Efficiency & Liquidity Metrics
Based on Invivyd Inc’s (IVVD) latest financial statements, the Debt-to-Equity Ratio is 0.07%, indicating its reliance on debt financing relative to shareholder equity.
Invivyd Inc (IVVD) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Invivyd Inc. (IVVD) effectively leverages its workforce, generating an average of -$1112424.24 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.33% and a Quick Ratio of 1.32%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Invivyd Inc [IVVD] stock
With the latest financial reports released by the company, Invivyd Inc posted -0.51/share EPS, while the average EPS was predicted by analysts to be reported at -0.35/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.16. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IVVD.
Invivyd Inc [IVVD]: Institutional Ownership
There are presently around $60.75%, or 75.18%% 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%.
