Arm Holdings plc. ADR (ARM) concluded trading on Thursday at a closing price of $137.95, with 4.75 million shares of worth about $655.12 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.60% during that period and on December 05, 2024 the price saw a loss of about -2.37%. 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 3.43% in past 5 days and over the past one month there was a price change of -1.92%. Year-to-date (YTD), ARM shares are showing a performance of 83.58% which increased to 116.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $60.37 but also hit the highest price of $188.75 during that period. The average intraday trading volume for Arm Holdings plc. ADR shares is 5.71 million. The stock is currently trading 0.37% above its 20-day simple moving average (SMA20), while that difference is down -3.46% for SMA50 and it goes to 1.83% higher than SMA200.
Arm Holdings plc. ADR (NASDAQ: ARM) currently have 1.05B outstanding shares and institutions hold larger chunk of about 5.26% of that.
The stock has a current market capitalization of $144.99B and its 3Y-monthly beta is at 4.67. PE ratio of stock for trailing 12 months is 228.39, while it has posted earnings per share of $0.60 in the same period. Its PEG reads 8.62 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 3.40% while standing at 4.12% over the month.
Stock’s fiscal year EPS is expected to rise by 22.69% while it is estimated to increase by 31.38% 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 UBS on November 25, 2024 offering a Buy rating for the stock and assigned a target price of $160 to it. Coverage by Wells Fargo stated Arm Holdings plc. ADR (ARM) stock as an Overweight in their note to investors on November 22, 2024, suggesting a price target of $155 for the stock. On November 07, 2024, TD Cowen Reiterated their recommendations, while on October 31, 2024, Bernstein Downgrade their ratings for the stock with a price target of $100. Stock get an Outperform rating from William Blair on September 18, 2024.
