Innovid Corp (NYSE: CTV) Now $1.43 Higher From Its Low (1.71), Does It Still Have A Growth Story?

Innovid Corp (NYSE:CTV) currently has a daily average trading volume of 2.90M but it saw 1816200 shares traded in last market. With a market cap of 473.89M USD, the company’s current market price of $3.14 remained unchanged while comparing to the previous closing price of $3.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.40 and as low as $1.43. In the recent trading on the day, stock has struck highest price mark of $3.14 while lowest mark touched by it was $3.15.

Taking a look at 20-day trading activity of Innovid Corp (CTV) gives us an average price of $3.11, while its current price level is -7.65% below from 52-week high level whereas it is 119.58% 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 $3.08 while that of 200 days or SMA-200 reads an average of $2.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.38% during that period while stretching the period over a month that increases to 0.65%. 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 66.96 which implies that the stock is in neutral territory.

Over the week, CTV’s stock price is moving -0.32% down while it is 3.97% when we observe its performance for the past one month. Year-to-date it is 1.62% up and over the past year, the stock is showing an upside performance of 102.58%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0.0 while estimate for next year EPS is -0.08. In next quarter, company is expected to be making quarterly sales of $38.95M as analysts are expecting the sales for current fiscal year at $151.82M and seeing the company making $167.19M in sales next year. Moreover, analysts are in estimates of $38.8M for current-quarter revenue.

Currently, Innovid Corp’s total number of outstanding shares is 147.77M with 7.39% of that held by the insiders while 48.21% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.58% and return on equity (ROE) at -7.02%. Stock’s beta reads 3.26. Stock has a price to book (P/B) ratio of 2.33 while price to sale or P/S ratio amounts to 3.13. Its return on asset (ROA) is -5.67% on average.