Invivyd Inc (NASDAQ:IVVD) price closed lower on current market day and dropping -6.48% below its previous close.
A look at the daily price movement shows that the last close reads $0.97. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.74 and 52-week low of $0.35. The stock added 40.15% on its value in the past month.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 3 analysts have assigned IVVD a recommendation rating as follows: 0 rate it as a Hold; 3 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Invivyd Inc (IVVD) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that IVVD’s price is at present 5.19% off the SMA20 and 30.55% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 56.51, with weekly volatility standing at 5.91%. The indicator jumps to 7.47% when calculated based on the past 30 days. Invivyd Inc (NASDAQ:IVVD)’s beta value is holding at 0.64, while the average true range (ATR) indicator is currently reading 0.10. Considering analysts have assigned the stock a price target range of $9-$10 as the low and high respectively, we find the trailing 12-month average consensus price target to be $9.5. Based on this estimate, we see that current price is roughly -889.01% off the estimated low and -998.9% off the forecast high. Investors will no doubt be excited to see the share price fall to $9.5, which is the median consensus price, and at that level IVVD would be -943.96% from current price.
Current records show that the company has 119.96M in outstanding shares. The insiders’ percentage holdings are 36.52% of outstanding shares while the percentage share held by institutions stands at 47.09%. But the 104.36% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
