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 $1.83, down 2.14% from the previous day, and has increased 74.29% in one year. It has overperformed other stocks in the Advertising Agencies industry by 0.64 percentage points. Innovid stock is currently +92.63% from its 52-week low of $0.95, and -29.07% from its 52-week high of $2.58.
There are currently 146.41M CTV shares outstanding. The market cap of CTV is $267.93M. In the past 24 hours, 80,843 CTV shares were traded.
How to Buy Innovid Stock
Wondering how to invest in Innovid stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your method of payment and add your info.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
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- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today.
Open eToro AccountStep 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
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
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.
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
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 1.42x, relative to Advertising Agencies industry P/B ratio of 3.45x
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's operating cash flow of $17.38M allows it to safely service it's debt of $11.41M.
- There are more short-term assets than long-term liabilities on the CTV balance sheet.
- CTV profit margin has gone up from -32.1% to -14.2% in the past year.
- CTV has a low debt to equity ratio of 0.27.
Cons:
- CTV earnings of -$12.76M is not enough to cover its interest payments.
Is CTV stock a Buy, Hold, or Sell, according to analysts?
Out of 3 sell side analysts who give forecasts on CTV, the consensus analyst rating on CTV is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Innovid stock forecast page.
CTV Momentum
Is CTV Making Money?
Last year, CTV revenue was $149.54M. During the last three year, CTV's revenue has grown by 93.34% per year. This was faster than the Advertising Agencies industry average of 6.51%.
You can analyze CTV's earnings and revenue performance here.
Latest Insiders Trades at CTV
In the last 12 months, executives and large shareholders at CTV have sold more shares than they have bought.
Kenneth Markus, Chief Operating Officer of CTV, was the latest CTV insider to sell. They sold $3,718.13 worth of CTV shares on Oct 2, 2024.
Get more info about who owns CTV shares here.
Does CTV provide a stable income stream?
No, Innovid doesn't provide an income stream by paying out dividends.
CTV Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your CTV purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and your broker will execute the order.
If you require more help buying stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your investment in CTV
Now that you own some CTV shares, you'll want to keep up with your company.
Make a watchlist to monitor your CTV stock.
CTV Feed
How to Buy Stock in Innovid
To summarize, here are the 6 steps to buy Innovid stock:
- Figure out where to buy Innovid stock
- Open your brokerage account
- Deposit money your brokerage account
- Analyze Innovid stock
- Make your CTV purchase
- Get the latest scoop on your investment in CTV
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Innovid, add CTV to your watchlist below.
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