Arbe Robotics Ltd (NASDAQ: ARBE) is -41.94% lower on its value in year-to-date trading and has touched a low of $1.12 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 $1.18 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $1.08, the stock is -16.08% and -47.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing -8.47% at the moment leaves the stock -46.50% off its SMA200. ARBE registered -50.57% loss for a year compared to 6-month gain of -43.16%. The firm has a 50-day simple moving average (SMA 50) of $2.0529 and a 200-day simple moving average (SMA200) of $2.01856.
The stock witnessed a -43.16% gain in the last 1 month and extending the period to 3 months gives it a -34.55%, and is -16.92% 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 7.50% over the week and 8.66% over the month.
Arbe Robotics Ltd (ARBE) has around 144 employees, a market worth around $103.03M and $0.77M in sales. Profit margin for the company is -6422.01%. Distance from 52-week low is -3.57% and -78.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-205.91%).
with sales reaching $100k over the same period.The EPS is expected to grow by 44.26% this year, but quarterly earnings will post 388.28% year-over-year. Quarterly sales are estimated to shrink -27.01% in year-over-year returns.
Arbe Robotics Ltd (ARBE) Top Institutional Holders
41.0 institutions hold shares in Arbe Robotics Ltd (ARBE), with institutional investors hold 53.04% of the company’s shares. The shares outstanding are 85.75M, and float is at 66.13M with Short Float at 10.50%. Institutions hold 44.00% of the Float.
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).
