Investors Are Waking Up To Innovid Corp (NYSE: CTV) After Rising 88.34% Over The Past 12 Months

money audit

Innovid Corp (NYSE:CTV) currently has a daily average trading volume of 1.69M but it saw 1800830 shares traded in last market. With a market cap of 456.09M USD, the company’s current market price of $3.07 came rising about 0.99 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 $3.04 while lowest mark touched by it was $3.09.

Taking a look at 20-day trading activity of Innovid Corp (CTV) gives us an average price of $2.41, while its current price level is 0.66% below from 52-week high level whereas it is 145.60% 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 $2.08 while that of 200 days or SMA-200 reads an average of $2.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.59% during that period while stretching the period over a month that increases to 4.33%. 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 79.54 which implies that the stock is in overbought territory.

Over the week, CTV’s stock price is moving 0.99% up while it is 55.84% when we observe its performance for the past one month. Year-to-date it is 104.67% up and over the past year, the stock is showing an upside performance of 88.34%.

Currently, Innovid Corp’s total number of outstanding shares is 147.77M. Company’s return on investment (ROI) stands at -6.58% and return on equity (ROE) at -7.02%. Stock’s beta reads 3.31. Stock has a price to book (P/B) ratio of 2.27 while price to sale or P/S ratio amounts to 3.01. Its return on asset (ROA) is -5.67% on average.