Invivyd Inc (NASDAQ:IVVD) traded at $0.84 at close of the session on Monday, May 12 and made an upward move of 29.67% on its previous day’s price.
Invivyd Inc has a market cap of $100.50 million and is expected to release its quarterly earnings report in June.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 34.45M, with a low of 22M and a high of 44.7M. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 175.85M, or 592.76% up from figures reported last year.
On the other hand, looking at the outlook for the IVVD stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 3 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Invivyd Inc (IVVD) stock as a Hold, while 3 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 38.64% off its SMA20 and 24.12% from its 50-day simple moving average. The RSI (14) is pointing at 66.47 while the volatility over the past week is 24.69% and jumps to 13.67% over the past one month. The beta value is 0.41, while the average true range (ATR) is currently pointing at 0.10. The average price target for the stock over the next 12 months is $9.5, with the estimates having a low of $9 and a high of $10. These price ends are -971.43% and -1090.48% off the current price level respectively, although investors could be excited at the prospect of a -1030.95% if the IVVD share price touches on the median price of $9.5.
