Arm Holdings plc. ADR (ARM) concluded trading on Wednesday at a closing price of $133.70, with 3.86 million shares of worth about $515.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.92% during that period and on November 20, 2024 the price saw a gain of about 0.48%. Currently the company’s common shares owned by public are about 1.05B shares, out of which, 1.05B shares are available for trading.
Stock saw a price change of -1.03% in past 5 days and over the past one month there was a price change of -12.37%. Year-to-date (YTD), ARM shares are showing a performance of 77.92% which increased to 127.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $55.27 but also hit the highest price of $188.75 during that period. The average intraday trading volume for Arm Holdings plc. ADR shares is 6.07 million. The stock is currently trading -5.43% below its 20-day simple moving average (SMA20), while that difference is down -6.93% for SMA50 and it goes to -0.70% lower 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 5.27% of that.
The stock has a current market capitalization of $140.52B and its 3Y-monthly beta is at 5.21. PE ratio of stock for trailing 12 months is 221.36, while it has posted earnings per share of $0.60 in the same period. Its PEG reads 7.83 and has Quick Ratio of 4.52 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 3.69% while standing at 4.37% over the month.
Stock’s fiscal year EPS is expected to rise by 22.56% while it is estimated to increase by 31.51% 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 TD Cowen on November 07, 2024 offering a Buy rating for the stock and assigned a target price range of between $150 and $165 to it. Coverage by Bernstein stated Arm Holdings plc. ADR (ARM) stock as an Underperform in their note to investors on October 31, 2024, suggesting a price target of $100 for the stock. Stock get an Outperform rating from Raymond James on September 13, 2024.
