Mobileye Global Inc (NASDAQ: MBLY) on Friday, plunged -2.42% from the previous trading day, before settling in for the closing price of $30.98. Within the past 52 weeks, MBLY’s price has moved between $23.49 and $47.41.
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Annual sales at Consumer Cyclical sector company grew by 24.86% over the past five years. The company achieved an average annual earnings per share of -53.02%. With a float of $92.49 million, this company’s outstanding shares have now reached $94.65 million.
Let’s look at the performance matrix of the company that is accounted for 3700 employees.
Mobileye Global Inc (MBLY) Insider and Institutional Ownership
Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Mobileye Global Inc is 88.53%, while institutional ownership is 14.76%. The most recent insider transaction that took place on Feb 01 ’24, was worth 24,138. In this transaction Director of this company bought 940 shares at a rate of $25.68, taking the stock ownership to the 48,459 shares. Before that another transaction happened on Jan 29 ’24, when Company’s Director bought 3,600 for $27.75, making the entire transaction worth $99,915. This insider now owns 129,095 shares in total.
Mobileye Global Inc (MBLY) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 13.50 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -53.02% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.41% during the next five years compared to 46.60% growth over the previous five years of trading.
Mobileye Global Inc (NASDAQ: MBLY) Trading Performance Indicators
Mobileye Global Inc (MBLY) is currently performing well based on its current performance indicators. A quick ratio of 4.16 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.72. Likewise, its price to free cash flow for the trailing twelve months is 85.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach 0.78 in one year’s time.
Technical Analysis of Mobileye Global Inc (MBLY)
Mobileye Global Inc (NASDAQ: MBLY) saw its 5-day average volume 2.43 million, a negative change from its year-to-date volume of 4.68 million. As of the previous 9 days, the stock’s Stochastic %D was 25.64%. Additionally, its Average True Range was 1.31.
During the past 100 days, Mobileye Global Inc’s (MBLY) raw stochastic average was set at 32.11%, which indicates a significant increase from 4.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.49% in the past 14 days, which was lower than the 61.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.76, while its 200-day Moving Average is $35.14. Nevertheless, the first resistance level for the watch stands at $30.90 in the near term. At $31.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.92. If the price goes on to break the first support level at $29.88, it is likely to go to the next support level at $29.54. The third support level lies at $28.86 if the price breaches the second support level.
Mobileye Global Inc (NASDAQ: MBLY) Key Stats
Market capitalization of the company is 24.37 billion based on 806,150K outstanding shares. Right now, sales total 2,079 M and income totals -27,000 K. The company made 637,000 K in profit during its latest quarter, and 63,000 K in sales during its previous quarter.
