Witnessing the stock’s movement on the chart, on Wednesday, Arbe Robotics Ltd (NASDAQ: ARBE) had a quiet start as it plunged -4.24% to $1.13, before settling in for the price of $1.18 at the close. Taking a more long-term approach, ARBE posted a 52-week range of $0.85-$5.09.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 44.26%. This publicly-traded company’s shares outstanding now amounts to $105.16 million, simultaneously with a float of $78.11 million. The organization now has a market capitalization sitting at $118.83 million. At the time of writing, stock’s 50-day Moving Average stood at $1.7082, while the 200-day Moving Average is $1.5046.
Arbe Robotics Ltd (ARBE) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Scientific & Technical Instruments industry. Arbe Robotics Ltd’s current insider ownership accounts for 25.72%, in contrast to 17.65% institutional ownership.
Arbe Robotics Ltd (NASDAQ: ARBE) Trading Performance Indicators
Let’s observe the current performance indicators for Arbe Robotics Ltd (ARBE). It’s Quick Ratio in the last reported quarter now stands at 4.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 177.36.
In the same vein, ARBE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.47, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.32 at the market close of one year from today.
Technical Analysis of Arbe Robotics Ltd (ARBE)
Going through the that latest performance of [Arbe Robotics Ltd, ARBE]. Its last 5-days volume of 2.46 million was inferior to the volume of 4.44 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 6.64% While, its Average True Range was 27.99.
Raw Stochastic average of Arbe Robotics Ltd (ARBE) in the period of the previous 100 days is set at 0.57%, which indicates a major fall in contrast to 1.89% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 0.1064 that was lower than 0.1349 volatility it exhibited in the past 100-days period.
