Mobileye Global Inc (NASDAQ: MBLY) is -19.03% lower on its value in year-to-date trading and has touched a low of $10.48 and a high of $34.00 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 $15.67 in the last trading session, with the day’s gains setting it 0.46%.
Currently trading at $16.13, the stock is -13.51% and -7.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.17 million and changing 2.94% at the moment leaves the stock -21.95% off its SMA200. MBLY registered -48.02% loss for a year compared to 6-month loss of -40.15%. The firm has a 50-day simple moving average (SMA 50) of $17.4328 and a 200-day simple moving average (SMA200) of $20.748.
The stock witnessed a -5.34% gain in the last 1 month and extending the period to 3 months gives it a 25.14%, and is -26.16% 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 10.66% over the week and 8.24% over the month.
Mobileye Global Inc (MBLY) has around 3700 employees, a market worth around $13.08B and $1.80B in sales. Fwd P/E is 40.28. Profit margin for the company is -164.13%. Distance from 52-week low is 53.91% and -52.56% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.47%).
with sales reaching $485.17M over the same period.The EPS is expected to shrink by -72.32% this year, but quarterly earnings will post -21.11% year-over-year. Quarterly sales are estimated to shrink -23.84% in year-over-year returns.
Mobileye Global Inc (MBLY) Top Institutional Holders
343.0 institutions hold shares in Mobileye Global Inc (MBLY), with institutional investors hold 106.33% of the company’s shares. The shares outstanding are 99.55M, and float is at 92.69M with Short Float at 19.71%. Institutions hold 102.44% 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 6,750 shares of the company’s common stock on Nov 04 ’24 at a price of $14.94 per share for a total of $0.1 million. Following the purchase, the insider now owns 0.14 million shares.
Mobileye Global Inc disclosed in a document filed with the SEC on Aug 05 ’24 that GELSINGER PATRICK P (Director) bought a total of 6,400 shares of the company’s common stock. The trade occurred on Aug 05 ’24 and was made at $15.48 per share for $99045.0. Following the transaction, the insider now directly holds 0.14 million shares of the MBLY stock.
Still, SEC filings show that on Aug 02 ’24, Shashua Amnon (CEO and President) acquired 631,963 shares at an average price of $16.51 for $10.43 million. The insider now directly holds 4,080,097 shares of Mobileye Global Inc (MBLY).
