Mobileye Global Inc (NASDAQ: MBLY) is -69.38% lower on its value in year-to-date trading and has touched a low of $10.48 and a high of $44.48 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 MBLY stock was last observed hovering at around $13.02 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $13.27, the stock is 4.63% and 3.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.07 million and changing 1.88% at the moment leaves the stock -42.92% off its SMA200. MBLY registered -62.15% loss for a year compared to 6-month loss of -51.85%. The firm has a 50-day simple moving average (SMA 50) of $12.848 and a 200-day simple moving average (SMA200) of $23.24085.
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The stock witnessed a -3.18% gain in the last 1 month and extending the period to 3 months gives it a -36.83%, and is 2.04% up 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 4.69% over the week and 6.25% over the month.
Mobileye Global Inc (MBLY) has around 3700 employees, a market worth around $10.76B and $1.84B in sales. Fwd P/E is 28.54. Profit margin for the company is -12.14%. Distance from 52-week low is 26.57% and -70.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.52%).
with sales reaching $472.14M over the same period.The EPS is expected to shrink by -72.11% this year, but quarterly earnings will post -20.50% year-over-year. Quarterly sales are estimated to shrink -10.90% in year-over-year returns.
Mobileye Global Inc (MBLY) Top Institutional Holders
350.0 institutions hold shares in Mobileye Global Inc (MBLY), with institutional investors hold 125.02% of the company’s shares. The shares outstanding are 94.65M, and float is at 93.16M with Short Float at 22.13%. Institutions hold 120.73% of the Float.
Mobileye Global Inc (MBLY) Insider Activity
The most recent transaction is an insider purchase by GELSINGER PATRICK P, the company’s Director. SEC filings show that GELSINGER PATRICK P bought 6,400 shares of the company’s common stock on Aug 05 ’24 at a price of $15.48 per share for a total of $99045.0. Following the purchase, the insider now owns 0.14 million shares.
Mobileye Global Inc disclosed in a document filed with the SEC on Aug 02 ’24 that Shashua Amnon (CEO and President) bought a total of 631,963 shares of the company’s common stock. The trade occurred on Aug 02 ’24 and was made at $16.51 per share for $10.43 million. Following the transaction, the insider now directly holds 4.08 million shares of the MBLY stock.
Still, SEC filings show that on Apr 29 ’24, GELSINGER PATRICK P (Director) acquired 2,000 shares at an average price of $27.53 for $55060.0. The insider now directly holds 131,095 shares of Mobileye Global Inc (MBLY).
