It’s Not A Fantasy To Think That Innovid Corp (CTV) Has Big Future Potential

Innovid Corp (NYSE:CTV) currently has a daily average trading volume of 1.43M but it saw 3026743 shares traded in last market. With a market cap of 451.63M USD, the company’s current market price of $3.04 remained unchanged while comparing to the previous closing price of $3.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.05 and as low as $1.25. In the recent trading on the day, stock has struck highest price mark of $3.03 while lowest mark touched by it was $3.05.

Taking a look at 20-day trading activity of Innovid Corp (CTV) gives us an average price of $2.14, while its current price level is -0.33% below from 52-week high level whereas it is 143.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.96 while that of 200 days or SMA-200 reads an average of $1.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.13% during that period while stretching the period over a month that increases to 5.27%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 78.97 which implies that the stock is in overbought territory.

Over the week, CTV’s stock price is moving 87.65% up while it is 58.33% when we observe its performance for the past one month. Year-to-date it is 102.67% up and over the past year, the stock is showing an upside performance of 102.67%.

Currently, Innovid Corp’s total number of outstanding shares is 141.19M. Company’s return on investment (ROI) stands at -6.58% and return on equity (ROE) at -7.02%. Stock’s beta reads 3.30. Stock has a price to book (P/B) ratio of 2.25 while price to sale or P/S ratio amounts to 2.98. Its return on asset (ROA) is -5.67% on average.