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How to Buy Innovid Stock

Innovid Corp

Innovid is a advertising agency company located in New York, United States, which is part of the Communication Services sector, and is traded under the ticker CTV on the NYSE exchange.

Innovid stock last closed at $2.42, down 1.63% from the previous day, and has increased 68.06% in one year. It has overperformed other stocks in the Advertising Agencies industry by 0.56 percentage points. Innovid stock is currently +222.67% from its 52-week low of $0.75, and -2.81% from its 52-week high of $2.49.

There are currently 141.82M CTV shares outstanding. The market cap of CTV is $343.21M. In the past 24 hours, 197,474 CTV shares were traded.

How to Buy Innovid Stock

Wondering how to invest in Innovid stock? Here's how.
  1. Figure out where to buy Innovid stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Innovid stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Pick your method of payment and add your info.
  4. Analyze Innovid stock: The Innovid ticker symbol is CTV. Is Innovid stock a good investment? Should you buy shares of CTV? How do CTV's underlying business fundamentals look? Do top analysts think Innovid is a good buy? Why has CTV's stock price moved recently? (Hint: Our stock research tools can help you figure out if CTV is a good stock to buy).
  5. Make your CTV purchase: Decide if you will purchase CTV shares at the current market price or use a limit order to buy CTV shares at a particular price.
  6. Get the latest scoop on your investment in CTV: Create a watchlist to keep tabs on your investment in Innovid stock.

Step 1: Figure out where to buy Innovid stock

You will need an online brokerage account in order to access the NYSE market and buy CTV shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal details so you can invest in CTV stock today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Input your personal details to create a new trading account.
  1. Send your info by pressing the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've finished signing up on app for investing, you need to deposit funds:

Check out this video walkthrough to see the process of transferring funds into your new investment account.

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Step 4: Analyze Innovid stock

After you have selected the best place to buy Innovid stock, it's crucial to evaluate their stock prior to investing, so you truly wrap your head around the risk and opportunity.

Innovid stock at a glance

CTV Price
$2.42
1w %
1.68%
1y %
68.06%
5y %
N/A
P/E
-10.52x
P/B
1.75x
P/S
2.4x
PEG
N/A
Revenue
$139.88M
Earnings
-$31.91M
Fore. Rev. Growth
13.55%
Fore. Earn. Growth
N/A
Market Cap
$343.21M
Next Earnings
May 8, 2024
Next Dividend
N/A

Innovid Due Diligence Checks

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on CTV's stock page.

Is CTV stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge CTV's true value.

Using relative valuations metrics:

  • CTV could be undervalued based on its P/B ratio of 1.75x, relative to Advertising Agencies industry P/B ratio of 3.41x

You can do more valuation analysis on CTV's stock here.

CTV Financial Health

Pros:

  • There are more short-term assets than short-term liabilities on the CTV balance sheet.
  • CTV has a low debt to equity ratio of 0.28.
  • There are more short-term assets than long-term liabilities on the CTV balance sheet.
  • CTV's operating cash flow of $12.44M allows it to safely service it's debt of $21.83M.
  • Total CTV debt is lower than 5 years ago, relative to shareholder equity.

Cons:

  • CTV earnings of -$32.96M is not enough to cover its interest payments.
  • CTV profit margin has gone down from -14.5% to -22.8% in the past year.

Do Wall Street analysts think it's a good time to buy CTV stock

Out of 2 Equities analysts who track CTV, the consensus analyst rating on Innovid is a Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Innovid stock forecast page.

CTV Technicals

SMA10
2.26
SMA20
2.12
SMA50
1.76
SMA100
1.59
SMA200
1.36
MACD
0.19
MACD Signal
0.16
MACD Histogram
0.03
RSI
70.59
Stochastic %K
93.24
Stochastic %D
94.52
StochRSI %K
80.27
StochRSI %D
80.74

CTV Growth Metrics

Last year, CTV revenue was $139.88M. During the last 5 year, CTV's revenue has increased by 19.95% per year. This was faster than the Advertising Agencies industry average of 3.6%.

You can analyze CTV's earnings and revenue performance here.

What are CTV executives and large shareholders up to?

Over the past year, executives and large shareholders at CTV have bought more shares than they have sold.

Anthony Callini, Chief Financial Officer of CTV, was the latest CTV insider to buy. They bought $20,064.00 worth of CTV stock on Feb 29, 2024.

Get more info about who owns CTV stock here.

Does CTV stock generate passive income?

No, Innovid doesn't provide an income stream by paying out dividends.

CTV Social Trading Data

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your CTV purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price, place a limit order.

Hit the Open Trade button and your broker will place your order.

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Step 6: Get the latest scoop on your investment in CTV

Now that you own some CTV stock, you'll want to keep up with your stock purchase.

Make a watchlist to get notified of the latest news about your CTV stock.

CTV Feed

How to Buy Stock in Innovid

To summarize, here are the 6 steps to buy stock in Innovid:

  1. Figure out where to buy Innovid stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Innovid stock
  5. Make your CTV purchase
  6. Get the latest scoop on your investment in CTV

If you are looking for a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your investment in Innovid, click the button below.

NYSE: CTV
$2.42-0.04 (-1.63%)
Updated Mar 27, 2024
Open eToro Account
NYSE: CTV
$2.42-0.04 (-1.63%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Innovid share?

As of Mar 27, 2024, it costs $2.42 to buy one share of Innovid stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.413 shares of CTV.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Innovid stock?

According to 2 Wall Street analysts who monitor Innovid, their consensus recommendation is to buy Innovid stock.

What is the best way to buy Innovid stock?

One way to place an order for Innovid stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.