Arbe Robotics Ltd (NASDAQ: ARBE) kicked off on Friday, up 0.73% from the previous trading day, before settling in for the closing price of $2.73. Over the past 52 weeks, ARBE has traded in a range of $1.39-$5.09.
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
Annual sales at Technology sector company grew by 143.90% over the past five years. While this was happening, its average annual earnings per share was recorded 26.06%. With a float of $62.58 million, this company’s outstanding shares have now reached $78.22 million.
Let’s look at the performance matrix of the company that is accounted for 137 employees. In terms of profitability, gross margin is -75.3%, operating margin of -4814.76%, and the pretax margin is -4567.91%.
Arbe Robotics Ltd (ARBE) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Arbe Robotics Ltd is 34.41%, while institutional ownership is 19.91%. The most recent insider transaction that took place on Jan 07 ’25, was worth 180,930. Before that another transaction happened on Jan 06 ’25, when Company’s Officer proposed sale 79,209 for $2.63, making the entire transaction worth $208,320.
Arbe Robotics Ltd (ARBE) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.06% per share during the next fiscal year.
Arbe Robotics Ltd (NASDAQ: ARBE) Trading Performance Indicators
Take a look at Arbe Robotics Ltd’s (ARBE) current performance indicators. Last quarter, stock had a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 257.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.59, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.45 in one year’s time.
Technical Analysis of Arbe Robotics Ltd (ARBE)
Arbe Robotics Ltd (NASDAQ: ARBE) saw its 5-day average volume 8.38 million, a negative change from its year-to-date volume of 19.44 million. As of the previous 9 days, the stock’s Stochastic %D was 39.94%. Additionally, its Average True Range was 0.39.
During the past 100 days, Arbe Robotics Ltd’s (ARBE) raw stochastic average was set at 34.82%, which indicates a significant decrease from 38.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.08% in the past 14 days, which was lower than the 119.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.32, while its 200-day Moving Average is $2.02. Nevertheless, the first resistance level for the watch stands at $2.91 in the near term. At $3.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.20. If the price goes on to break the first support level at $2.62, it is likely to go to the next support level at $2.48. Assuming the price breaks the second support level, the third support level stands at $2.33.
Arbe Robotics Ltd (NASDAQ: ARBE) Key Stats
The company with the Market Capitalisation of 262.35 million has total of 90,094K Shares Outstanding. Its annual sales at the moment are 1,470 K in contrast with the sum of -43,500 K annual income. Company’s last quarter sales were recorded 120 K and last quarter income was -12,570 K.
