Arbe Robotics Ltd (ARBE) concluded trading on Wednesday at a closing price of $3.01, with 12.53 million shares of worth about $37.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.98% during that period and on January 22, 2025 the price saw a gain of about 4.15%. Currently the company’s common shares owned by public are about 78.22M shares, out of which, 62.58M shares are available for trading.
Stock saw a price change of 0.33% in past 5 days and over the past one month there was a price change of 84.66%. Year-to-date (YTD), ARBE shares are showing a performance of 61.83% which increased to 54.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.39 but also hit the highest price of $5.09 during that period. The average intraday trading volume for Arbe Robotics Ltd shares is 6.41 million. The stock is currently trading 12.73% above its 20-day simple moving average (SMA20), while that difference is up 42.50% for SMA50 and it goes to 51.90% higher than SMA200.
Arbe Robotics Ltd (NASDAQ: ARBE) currently have 78.22M outstanding shares and institutions hold larger chunk of about 19.90% of that.
The stock has a current market capitalization of $287.15M and its 3Y-monthly beta is at 0.08. It has posted earnings per share of -$0.59 in the same period. It has Quick Ratio of 1.44 while making debt-to-equity ratio of 1.91. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ARBE, volatility over the week remained 14.99% while standing at 19.47% over the month.
Stock’s fiscal year EPS is expected to rise by 14.55% while it is estimated to increase by 9.34% 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 Maxim Group on November 29, 2024 offering a Buy rating for the stock and assigned a target price range of between $4 and $3 to it. Coverage by Maxim Group stated Arbe Robotics Ltd (ARBE) stock as a Buy in their note to investors on February 04, 2022, suggesting a price target of $14 for the stock. On December 08, 2021, Cowen Reiterated their recommendations, while on November 02, 2021, Wells Fargo Initiated their ratings for the stock with a price target of $19.
