Innoviz Technologies Ltd. (NASDAQ:INVZW – Get Rating) was down 4.8% on Thursday . The stock traded as low as $1.05 and last traded at $1.38. Approximately 33,959 shares were traded during trading, an increase of 37% from the average daily volume of 24,756 shares. The stock had previously closed at $1.45.

Innoviz Technologies Stock Performance

The firm has a 50 day moving average of $1.76 and a 200-day moving average of $1.83.

Institutional Investors Weigh In On Innoviz Technologies

A hedge fund recently bought a new stake in Innoviz Technologies stock. Simon Quick Advisors LLC purchased a new position in shares of Innoviz Technologies Ltd. (NASDAQ:INVZW – Get Rating) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 23,700 shares of the company's stock, valued at approximately $55,000.

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