Invivyd Inc (NASDAQ:IVVD) saw an upside of 8.55% to $1.78 after adding $0.14 on Wednesday. The 5-day average trading volume is 318,070 shares of the company’s common stock. It has gained $1.8599 in the past week and touched a new high 2 times within the past 5 days. An average of 245,913 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 250,971.
IVVD’s 1-month performance is -1.65% or -$0.0800 on its low of $1.5700 reached on 09/25/23. The company’s shares have touched a 52-week low of $0.98 and high of $4.09, with the stock’s rally to the 52-week high happening on 01/27/23. YTD, IVVD has achieved 18.68% or $0.2800 and has reached a new high 11 times. However, the current price is down -56.47% from the 52-week high price.
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Valuation Metrics
IVVD stock has a beta of -0.06. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 0.69.
Invivyd Inc’s quick ratio for the period ended June 29 was 9.54, with the current ratio over the same period at 9.54.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income shrunk -1.51% to -$50.23 million, while revenue of -$35.32 million was 29.68% off the previous quarter. Analysts expected IVVD to announce -$0.34 per share in earnings in its latest quarter, but it posted -$0.46, representing a -35.30% surprise. IVVD stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 33.85 million, with total debt at $2.96 million. Shareholders hold equity totaling $109.76 million.
Let’s look briefly at Invivyd Inc (IVVD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 55.37% to suggest the stock is trending Neutral, with historical volatility in this time period at 68.94%.
The stock’s 5-day moving average is $1.6620, reflecting a +1.71% or $0.0300 change from its current price. IVVD is currently trading -4.30% above its 20-day SMA, +50.85% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +29.93% and SMA200 by-14.83%.
Stochastic %K and %D was 24.60% and 14.60% and the average true range (ATR) pointed at 0.1239. The RSI (14) points at 54.57%, while the 14-day stochastic is at 50.00% with the period’s ATR at 0.1219. The stock’s 9-day MACD Oscillator is pointing at -0.0500 and -0.0781 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Invivyd Inc (NASDAQ: IVVD), H.C. Wainwright launched coverage with a Buy rating. Analysts offering their rating for IVVD stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate IVVD as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is IVVD’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $1.00 and a high of $5.00, with their median price target at $1.50. Looking at these predictions, the average price target given by analysts is for Invivyd Inc (IVVD) stock is $2.50.
