With 1.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.13 million shares. The 52-week range on IVVD shows that it touched its highest point at $2.74 and its lowest point at $0.35 during that stretch. It currently has a 1-year price target of $4.93. Beta for the stock currently stands at 0.64.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IVVD was up-trending over the past week, with a rise of 5.82%, but this was up by 69.07% over a month. Three-month performance dropped to -2.04% while six-month performance rose 54.26%. The stock lost -45.03% in the past year, while it has gained 123.29% so far this year. A look at the trailing 12-month EPS for IVVD yields -1.19 with Next year EPS estimates of 0.96. For the next quarter, that number is -0.02. This implies an EPS growth rate of 96.97% for this year and 2315.40% for next year.
Float and Shares Shorts:
At present, 119.96 million IVVD shares are outstanding with a float of 76.15 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IVVD since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.53423 being high and -$2.56545 being low. For IVVD, this leads to a yearly average estimate of -$1.39. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.04.
