Innoviz Technologies (NASDAQ:INVZW) Stock Price Up 11.7%

Innoviz Technologies Ltd. (NASDAQ:INVZWGet Rating) rose 11.7% on Friday . The company traded as high as $1.42 and last traded at $1.39. Approximately 7,374 shares traded hands during trading, a decline of 47% from the average daily volume of 13,806 shares. The stock had previously closed at $1.24.

Innoviz Technologies Stock Performance

The stock has a 50-day simple moving average of $1.57 and a two-hundred day simple moving average of $1.82.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Innoviz Technologies stock. Simon Quick Advisors LLC acquired a new stake in shares of Innoviz Technologies Ltd. (NASDAQ:INVZWGet Rating) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 23,700 shares of the company’s stock, valued at approximately $55,000.

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