Arrival (NASDAQ: ARVL) is -44.24% lower on its value in year-to-date trading and has touched a low of $9.50 and a high of $37.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARVL stock was last observed hovering at around $16.24 in the last trading session, with the day’s loss setting it -0.56% off its average median price target of $39.25 for the next 12 months. It is also 68.64% off the consensus price target high of $50.00 offered by 2 analysts, but current levels are 44.98% higher than the price target low of $28.50 for the same period.
Currently trading at $15.68, the stock is -28.32% and -35.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.31 million and changing -3.45% at the moment leaves the stock -8.92% off its SMA200. ARVL registered a gain of 56.49% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $22.83 and a 200-day simple moving average (SMA200) of $20.72.
The stock witnessed a -20.24% loss in the last 1 month and extending the period to 3 months gives it a -44.24%, and is -29.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.21% over the week and 13.04% over the month.
Distance from 52-week low is 65.05% and -57.83% from its 52-week high.
Arrival (ARVL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Arrival (ARVL) is a “Buy”. 2 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Arrival (ARVL) Top Institutional Holders
72 institutions hold shares in Arrival (ARVL), with 626.33k shares held by insiders accounting for 0.27% while institutional investors hold 1.72% of the company’s shares. Institutions hold 1.72% of the Float.