Arbe Robotics Ltd (NASDAQ: ARBE) is -20.97% lower on its value in year-to-date trading and has touched a low of $0.85 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 $1.42 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $1.47, the stock is 16.62% and 18.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing 3.52% at the moment leaves the stock -22.30% off its SMA200. ARBE registered -11.45% loss for a year compared to 6-month loss of -13.53%.
The stock witnessed a 33.64% gain in the last 1 month and extending the period to 3 months gives it a -46.55%, and is 4.26% 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 4.97% over the week and 6.66% over the month.
Arbe Robotics Ltd (ARBE) has around 144 employees, a market worth around $154.59M and $0.77M in sales. Profit margin for the company is -6422.01%. Distance from 52-week low is 72.94% and -71.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-205.91%).
The EPS is expected to grow by 39.34% this year.
Arbe Robotics Ltd (ARBE) Top Institutional Holders
The shares outstanding are 85.75M, and float is at 73.07M with Short Float at 9.25%.
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 07 ’25, Canaan Partners Israel (CPI) C (10% Owner) Proposed Sale 36,186 shares at an average price of $5.00 for $0.18 million. The insider now directly holds shares of Arbe Robotics Ltd (ARBE).
