Arm Holdings plc. ADR (ARM) concluded trading on Wednesday at a closing price of $144.68, with 10.13 million shares of worth about $1.47 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 36.40% during that period and on November 06, 2024 the price saw a gain of about 2.87%. Currently the company’s common shares owned by public are about 1.05B shares, out of which, 1.04B shares are available for trading.
Stock saw a price change of -6.30% in past 5 days and over the past one month there was a price change of 0.75%. Year-to-date (YTD), ARM shares are showing a performance of 92.53% which increased to 172.47% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $49.82 but also hit the highest price of $188.75 during that period. The average intraday trading volume for Arm Holdings plc. ADR shares is 6.32 million. The stock is currently trading -2.66% below its 20-day simple moving average (SMA20), while that difference is up 2.25% for SMA50 and it goes to 10.12% higher than SMA200.
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Arm Holdings plc. ADR (NASDAQ: ARM) currently have 1.05B outstanding shares and institutions hold larger chunk of about 5.37% of that.
The stock has a current market capitalization of $151.62B and its 3Y-monthly beta is at 5.48. PE ratio of stock for trailing 12 months is 367.86, while it has posted earnings per share of $0.39 in the same period. Its PEG reads 13.27 and has Quick Ratio of 3.61 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ARM, volatility over the week remained 3.63% while standing at 4.18% over the month.
Stock’s fiscal year EPS is expected to rise by 22.61% while it is estimated to increase by 31.89% in next year.
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 Bernstein on October 31, 2024 offering an Underperform rating for the stock and assigned a target price of $100 to it. On September 16, 2024, The Benchmark Company Initiated their recommendations, while on September 13, 2024, Raymond James Initiated their ratings for the stock with a price target of $160. Stock get an Outperform rating from Daiwa Securities on August 08, 2024.
