In a filing, Innovid Corp revealed its Officer Markus Kenneth acquired Company’s shares for reported $52000.0 on Dec 03 ’24. In the deal valued at $3.06 per share,17,000 shares were bought.
Then, Callini Anthony bought 45,000 shares, generating $87,750 in total proceeds.
Before that, Markus Kenneth bought 7,700 shares. Innovid Corp shares valued at $15,000 were divested by the Officer at a price of $1.95 per share.
JMP Securities downgraded its Innovid Corp [CTV] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in mid September with a ‘”an Underweight”‘ rating.
Price Performance Review of CTV
On Tuesday, Innovid Corp [NYSE:CTV] saw its stock unchanged to $3.04. Over the last five days, the stock has lost -0.33%. Innovid Corp shares have risen nearly 102.67% since the year began. Nevertheless, the stocks have risen 92.41% over the past one year. While a 52-week high of $3.05 was reached on 11/27/24, a 52-week low of $1.25 was recorded on 01/19/24. SMA at 50 days reached $2.03, while 200 days put it at $2.00.
Levels Of Support And Resistance For CTV Stock
The 24-hour chart illustrates a support level at 3.03, which if violated will result in even more drops to 3.03. On the upside, there is a resistance level at 3.04. A further resistance level may holdings at 3.05. The Relative Strength Index (RSI) on the 14-day chart is 78.97, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.69%. Stochastics %K at 99.32% indicates the stock is a selling.
How much short interest is there in Innovid Corp?
A steep rise in short interest was recorded in Innovid Corp stocks on 2024-11-15, dropping by 62643.0 shares to a total of 1.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.43 million shares. There was a decline of -4.58%, which implies that there is a negative sentiment for the stock.
