Mobileye Global Inc (MBLY) concluded trading on Wednesday at a closing price of $12.57, with 3.39 million shares of worth about $42.66 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -59.61% during that period and on October 23, 2024 the price saw a loss of about -3.31%. Currently the company’s common shares owned by public are about 94.65M shares, out of which, 93.16M shares are available for trading.
Stock saw a price change of 3.63% in past 5 days and over the past one month there was a price change of -4.05%. Year-to-date (YTD), MBLY shares are showing a performance of -70.98% which decreased to -64.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.48 but also hit the highest price of $44.48 during that period. The average intraday trading volume for Mobileye Global Inc shares is 6.37 million. The stock is currently trading -2.34% below its 20-day simple moving average (SMA20), while that difference is down -3.05% for SMA50 and it goes to -46.74% lower than SMA200.
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Mobileye Global Inc (NASDAQ: MBLY) currently have 94.65M outstanding shares and institutions hold larger chunk of about 13.73% of that.
The stock has a current market capitalization of $10.19B and its 3Y-monthly beta is at 0.07. It has posted earnings per share of -$0.28 in the same period. It has Quick Ratio of 4.40 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MBLY, volatility over the week remained 5.50% while standing at 6.73% over the month.
Stock’s fiscal year EPS is expected to drop by -72.11% while it is estimated to increase by 103.60% in next year. EPS is likely to shrink at an annualized rate of 8.00% for next 5-years, compared to annual growth of 46.60% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on October 15, 2024 offering a Sector perform rating for the stock and assigned a target price range of between $24 and $11 to it. Coverage by Mizuho stated Mobileye Global Inc (MBLY) stock as a Neutral in their note to investors on October 11, 2024, suggesting a price target of $13 for the stock. On October 07, 2024, JP Morgan Downgrade their recommendations, while on October 04, 2024, UBS Downgrade their ratings for the stock with a price target of $14. Stock get an Underperform rating from Exane BNP Paribas on October 02, 2024.
