Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Innovid Corp shares valued at $52,000 were purchased by Markus Kenneth on Dec 03 ’24. At $3.06 per share, Markus Kenneth acquired 17,000 shares.
Also, Callini Anthony purchased 45,000 shares, netting a total of over 87,750 in proceeds.
Before that, Markus Kenneth had added 7,700 shares to its account. In a trade valued at $15,000, the Officer bought Innovid Corp shares for $1.95 each.
As published in a research note from JMP Securities on November 21, 2024, Innovid Corp [CTV] has been rated down from a Mkt outperform to a Mkt perform. Analysts at Morgan Stanley started covering the stock with ‘”an Underweight”‘ outlook in a report released in mid September.
Analyzing CTV Stock Performance
During the last five days, there has been a drop of approximately -0.33%. Over the course of the year, Innovid Corp shares have jumped approximately 104.00%. Shares of the company reached a 52-week high of $3.09 on 12/11/24 and a 52-week low of $1.25 on 01/19/24. A 50-day SMA is recorded $2.21, while a 200-day SMA reached $2.05. Nevertheless, trading volume fell to 1.26 million shares from 1.21 million shares the previous day.
Support And Resistance Levels for Innovid Corp (CTV)
According to the 24-hour chart, there is a support level at 3.05, which, if violated, would cause prices to drop to 3.03. In the upper region, resistance lies at 3.08. The next price resistance is at 3.09. RSI (Relative Strength Index) is 78.08 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.01, which suggests the price will decrease in the coming days. Percent R is at 37.50%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
