On Tuesday, Arbe Robotics Ltd (NASDAQ: ARBE) was -7.14% drop from the session before settling in for the closing price of $2.24. A 52-week range for ARBE has been $1.39 – $5.09.
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Annual sales at Technology sector company grew by 143.90% over the past five years. When this article was written, the company’s average yearly earnings per share was at 26.06%. With a float of $66.13 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arbe Robotics Ltd stocks. The insider ownership of Arbe Robotics Ltd is 30.68%, while institutional ownership is 25.73%. 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
You can see what Arbe Robotics Ltd (ARBE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 194.54.
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 4.88 million, a negative change from its year-to-date volume of 15.78 million. As of the previous 9 days, the stock’s Stochastic %D was 4.80%. Additionally, its Average True Range was 0.31.
During the past 100 days, Arbe Robotics Ltd’s (ARBE) raw stochastic average was set at 16.16%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.10% in the past 14 days, which was lower than the 124.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.49, while its 200-day Moving Average is $2.06. Nevertheless, the first resistance level for the watch stands at $2.20 in the near term. At $2.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.37. If the price goes on to break the first support level at $2.02, it is likely to go to the next support level at $1.96. Assuming the price breaks the second support level, the third support level stands at $1.85.
Arbe Robotics Ltd (NASDAQ: ARBE) Key Stats
There are 90,094K outstanding shares of the company, which has a market capitalization of 198.43 million. As of now, sales total 1,470 K while income totals -43,500 K. Its latest quarter income was 120 K while its last quarter net income were -12,570 K.
