CTV’s price-to-cash ratio: Is it a good investment at the moment?

Innovid Corp (CTV)’s stock has witnessed a price hike of 86.73% from the previous close with its current price standing at $3.03. Its current price is 17.25% under its 52-week high of $2.58 and 142.00% more than its 52-week low of $1.25. Based on the past 30-day period, the stock price is -0.66% below the high and +91.14% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, CTV’s SMA-200 is $1.9496.

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Additionally, it is important to take into account CTV stock ratios, including its price-to-sales ratio, which is 2.96 for the last tewlve months.Likewise, its price to free cash flow for the last twelve months stands at 29.15. CTV’s price to book ratio for the most recent quarter was 2.24, resulting in an 13.00 price to cash per share for the period.

How does Innovid Corp (CTV) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 3 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.00 in simple terms.

Innovid Corp (CTV): Earnings History

Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 1 different analysts, who are expecting earnings to fall in between the range of 0.01 and 0.01 with an average Earnings Estimate of 0.01 which is in contrast with the last year earnings estimate of -0.01 and also replicates 200.00% growth rate year over year.

Innovid Corp (NYSE: CTV) Ownership Details

I will give a breakdown of the key shareholders in Innovid Corp (CTV). Recent figures show that the company’s insiders hold 13.23% of shares. A total of 101 institutional investors hold shares in the company, making 55.96% of its stock and 64.49% of its float.

Sep 30, 2024, it was reported that the Company’s largest institutional holder is SC Israel IV Genpar, Ltd. holding total of 9.7 shares that make 6.53% of the company’s total number of shares and are currently priced at 29.33 million.

The securities firm Phoenix Holdings Ltd. holds 8.03 shares of CTV, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 5.41%, and the holding percentage of shares is valued at 24.28 million.

An overview of Innovid Corp’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Innovid Corp (CTV) traded 2,021,882 shares per day, with a moving average of $1.9260 and price change of +1.1500. With the moving average of $1.8676 and a price change of +1.2700, about 928,379 shares changed hands on average over the past 50 days. Finally, CTV’s 100-day average volume is 601,715 shares, alongside a moving average of $1.8412 and a price change of +1.3200.

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