Arbe Robotics Ltd (NASDAQ: ARBE) on Tuesday, plunged -6.15% from the previous trading day, before settling in for the closing price of $1.30. Within the past 52 weeks, ARBE’s price has moved between $1.12 and $5.09.
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A company in the Technology sector has jumped its sales by 105.57% annually for the last half of the decade. The company achieved an average annual earnings per share of 44.26%. With a float of $66.13 million, this company’s outstanding shares have now reached $95.40 million.
In an organization with 137 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -102.21%, operating margin of -6465.62%, and the pretax margin is -6422.01%.
Arbe Robotics Ltd (ARBE) Insider and Institutional Ownership
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. 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) Latest Financial update
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 44.26% per share during the next fiscal year.
Arbe Robotics Ltd (NASDAQ: ARBE) Trading Performance Indicators
Arbe Robotics Ltd (ARBE) is currently performing well based on its current performance indicators. A quick ratio of 1.44 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 151.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.33 in one year’s time.
Technical Analysis of Arbe Robotics Ltd (ARBE)
Let’s dig in a bit further. During the last 5-days, its volume was 2.03 million. That was inferior than the volume of 11.25 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.01%. Additionally, its Average True Range was 0.17.
During the past 100 days, Arbe Robotics Ltd’s (ARBE) raw stochastic average was set at 2.52%, which indicates a significant decrease from 27.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.87% in the past 14 days, which was lower than the 132.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1649, while its 200-day Moving Average is $2.0287. However, in the short run, Arbe Robotics Ltd’s stock first resistance to watch stands at $1.3000. Second resistance stands at $1.3800. The third major resistance level sits at $1.4300. If the price goes on to break the first support level at $1.1700, it is likely to go to the next support level at $1.1200. The third support level lies at $1.0400 if the price breaches the second support level.
Arbe Robotics Ltd (NASDAQ: ARBE) Key Stats
Market capitalization of the company is 116.39 million based on 90,094K outstanding shares. Right now, sales total 770 K and income totals -49,320 K. The company made 100 K in profit during its latest quarter, and -12,200 K in sales during its previous quarter.
