The stock of Invivyd Inc (NASDAQ:IVVD) last traded at $1.57, down -23.04% from the previous session.
IVVD stock price is now 146.02% away from the 50-day moving average and 38.92% away from the 200-day moving average. The market capitalization of the company currently stands at $187.80M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $9, Guggenheim recently Upgraded its rating from Neutral to Buy for Invivyd Inc (NASDAQ: IVVD). On March 26, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $4 to quote $10, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, MCGUIRE TERRANCE, Director sold 103,474 shares of the company’s stock on Dec 31 ’24. The stock was sold for $46,098 at an average price of $0.45. Upon completion of the transaction, the Director now directly owns 3,066,757 shares in the company, valued at $4.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 27 ’24, Director MCGUIRE TERRANCE sold 83,744 shares of the business’s stock. A total of $43,647 was realized by selling the stock at an average price of $0.52. This leaves the insider owning 3,256,776 shares of the company worth $5.11 million. A total of 37.18% of the company’s stock is owned by insiders.
During the past 12 months, Invivyd Inc has had a low of $0.35 and a high of $5.10. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 1.92, and a quick ratio of 1.58. The fifty day moving average price for IVVD is $0.6202 and a two-hundred day moving average price translates $1.13363 for the stock.
The latest earnings results from Invivyd Inc (NASDAQ: IVVD) was released for 2024-06-30. The net profit margin was -1946.87% and return on equity was -136.59% for IVVD.
