Mobileye Global Inc (MBLY) is gearing up for another turning point as it hit the volume of 6.53 million

Mobileye Global Inc (NASDAQ: MBLY) on Tuesday, soared 1.74% from the previous trading day, before settling in for the closing price of $16.64. Within the past 52 weeks, MBLY’s price has moved between $10.48 and $44.48.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Cyclical Sector giant saw their annual sales surged by 24.86% over the last five years. The company achieved an average annual earnings per share of -72.28%. With a float of $92.98 million, this company’s outstanding shares have now reached $94.65 million.

The firm has a total of 3700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.86%, operating margin of -170.24%, and the pretax margin is -167.18%.

Mobileye Global Inc (MBLY) Insider Activity

Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Mobileye Global Inc is 88.54%, while institutional ownership is 12.56%. The most recent insider transaction that took place on Nov 04 ’24, was worth 100,848. In this transaction Director of this company bought 6,750 shares at a rate of $14.94, taking the stock ownership to the 139,456 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Director bought 6,400 for $15.48, making the entire transaction worth $99,045. This insider now owns 139,106 shares in total.

Mobileye Global Inc (MBLY) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.28 earnings per share (EPS) for the period topping the consensus outlook (set at 0.27) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -72.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.64% 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 4.54 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 7.62. Likewise, its price to free cash flow for the trailing twelve months is 65.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.65, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.42 in one year’s time.

Technical Analysis of Mobileye Global Inc (MBLY)

Analysing the last 5-days average volume posted by the [Mobileye Global Inc, MBLY], we can find that recorded value of 8.18 million was better than the volume posted last year of 5.04 million. As of the previous 9 days, the stock’s Stochastic %D was 85.54%. Additionally, its Average True Range was 1.03.

During the past 100 days, Mobileye Global Inc’s (MBLY) raw stochastic average was set at 35.34%, which indicates a significant decrease from 90.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.75% in the past 14 days, which was higher than the 79.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.06, while its 200-day Moving Average is $22.59. Now, the first resistance to watch is $17.38. This is followed by the second major resistance level at $17.83. The third major resistance level sits at $18.37. If the price goes on to break the first support level at $16.40, it is likely to go to the next support level at $15.86. Should the price break the second support level, the third support level stands at $15.41.

Mobileye Global Inc (NASDAQ: MBLY) Key Stats

Market capitalization of the company is 13.73 billion based on 811,050K outstanding shares. Right now, sales total 2,079 M and income totals -27,000 K. The company made 486,000 K in profit during its latest quarter, and -2,715 M in sales during its previous quarter.