Innovid Corp’s filing revealed that 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 fall -0.66% to $3.03. Over the last five days, the stock has lost -1.94%. Innovid Corp shares have fallen nearly -1.94% since the year began. Nevertheless, the stocks have risen 96.75% over the past one year. While a 52-week high of $3.40 was reached on 01/02/25, a 52-week low of $1.25 was recorded on 01/03/25. SMA at 50 days reached $2.61, while 200 days put it at $2.13.
Levels Of Support And Resistance For CTV Stock
The 24-hour chart illustrates a support level at 3.02, which if violated will result in even more drops to 3.02. On the upside, there is a resistance level at 3.04. A further resistance level may holdings at 3.06. The Relative Strength Index (RSI) on the 14-day chart is 60.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.37%. Stochastics %K at 5.26% indicates the stock is a buying.
How much short interest is there in Innovid Corp?
A steep rise in short interest was recorded in Innovid Corp stocks on 2024-12-13, dropping by -1.01 million shares to a total of 0.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.37 million shares. There was a decline of -285.46%, which implies that there is a negative sentiment for the stock.
