Arbe Robotics Ltd (NASDAQ: ARBE) is -8.06% lower on its value in year-to-date trading and has touched a low of $1.39 and a high of $5.09 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 ARBE stock was last observed hovering at around $1.85 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $1.71, the stock is -29.19% and -31.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.96 million and changing -7.57% at the moment leaves the stock -17.32% off its SMA200. ARBE registered -21.02% loss for a year compared to 6-month gain of -13.64%.
The stock witnessed a -29.05% loss in the last 1 month and extending the period to 3 months gives it a -10.47%, and is -17.79% 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 9.60% over the week and 9.66% over the month.
Arbe Robotics Ltd (ARBE) has around 137 employees, a market worth around $163.13M and $1.02M in sales. Profit margin for the company is -4567.91%. Distance from 52-week low is 22.58% and -66.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-248.75%).
with sales reaching $400k over the same period.The EPS is expected to grow by 26.06% this year, but quarterly earnings will post -25.17% year-over-year. Quarterly sales are estimated to grow 15.27% in year-over-year returns.
Arbe Robotics Ltd (ARBE) Top Institutional Holders
The shares outstanding are 78.22M, and float is at 66.13M with Short Float at 7.13%.
The top institutional shareholder in the company is AWM INVESTMENT COMPANY, INC. with over 7.71 million shares valued at $14.73 million. The investor’s holdings represent 9.8664% of the ARBE Shares outstanding. As of 2024-06-30, the second largest holder is M&G PLC with 3.72 million shares valued at $7.44 million to account for 4.7577 of the shares outstanding. The other top investors are Y.D. MORE INVESTMENTS LTD which holds 2.84 million shares representing 3.6385% and valued at over $5.43 million, while UBS ASSET MANAGEMENT AMERICAS INC holds 2.1578 of the shares totaling 1.69 million with a market value of $3.22 million.
Arbe Robotics Ltd (ARBE) Insider Activity
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Still, SEC filings show that on Jan 06 ’25, Naeh Shay (Officer) Proposed Sale 63,649 shares at an average price of $2.63 for $0.17 million. The insider now directly holds shares of Arbe Robotics Ltd (ARBE).
