Arrival (NASDAQ: ARVL) is 188.40% higher on its value in year-to-date trading and has touched a low of $0.14 and a high of $5.98 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ARVL stock was last observed hovering at around $0.42 in the last trading session, with the day’s gains setting it 0.04% off its average median price target of $5.37 for the next 12 months. It is also 91.43% off the consensus price target high of $5.37 offered by 1 analysts, but current levels are 91.43% higher than the price target low of $5.37 for the same period.
Currently trading at $0.46, the stock is 65.88% and 45.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.44 million and changing 10.74% at the moment leaves the stock -62.59% off its SMA200. ARVL registered -92.06% loss for a year compared to 6-month loss of -74.30%.
The stock witnessed a 136.14% gain in the last 1 month and extending the period to 3 months gives it a -34.66%, and is -14.81% 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 31.01% over the week and 24.04% over the month.
Distance from 52-week low is 226.01% and -92.30% from its 52-week high.
Arrival (ARVL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Arrival (ARVL) is a “Hold”. 1 analysts offering their recommendations for the stock have an average rating of 3.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Arrival is expected to release its quarterly report on 05/10/2023.The EPS is expected to shrink by -937.50% this year.
Arrival (ARVL) Top Institutional Holders
The shares outstanding are 638.24M, and float is at 220.24M with Short Float at 23.87%.