Arbe Robotics Ltd (ARBE) concluded trading on Wednesday at a closing price of $1.35, with 12.08 million shares of worth about $16.3 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.50% during that period and on March 05, 2025 the price saw a loss of about -18.67%. Currently the company’s common shares owned by public are about 78.22M shares, out of which, 66.13M shares are available for trading.
Stock saw a price change of -32.16% in past 5 days and over the past one month there was a price change of -45.78%. Year-to-date (YTD), ARBE shares are showing a performance of -27.42% which decreased to -29.32% 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 9.94 million. The stock is currently trading -41.70% below its 20-day simple moving average (SMA20), while that difference is down -45.94% for SMA50 and it goes to -34.68% lower than SMA200.
Arbe Robotics Ltd (NASDAQ: ARBE) currently have 78.22M outstanding shares and institutions hold larger chunk of about 25.73% of that.
The stock has a current market capitalization of $128.79M and its 3Y-monthly beta is at 0.15. 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 10.55% while standing at 9.75% over the month.
Stock’s fiscal year EPS is expected to rise by 27.05% while it is estimated to increase by 84.27% 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.
