The stock has a 36-month beta value of 0.03. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ARBE is 48.84M, and at present, short sellers hold a 1.16% of that float. On November 01, 2024, the average trading volume of ARBE was 77.85K shares.
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ARBE) stock’s latest price update
Arbe Robotics Ltd (NASDAQ: ARBE)’s stock price has dropped by -10.90 in relation to previous closing price of 1.82. Nevertheless, the company has seen a loss of -11.39% in its stock price over the last five trading days. globenewswire.com reported 2024-11-01 that $15 million upfront with up to an additional $34 million of aggregate gross proceeds upon the exercise in full for cash of long-term and milestone-linked warrants
ARBE’s Market Performance
Arbe Robotics Ltd (ARBE) has seen a -11.39% fall in stock performance for the week, with a -13.51% decline in the past month and a -24.58% plunge in the past quarter. The volatility ratio for the week is 3.65%, and the volatility levels for the past 30 days are at 3.93% for ARBE. The simple moving average for the past 20 days is -16.08% for ARBE’s stock, with a -16.02% simple moving average for the past 200 days.
Analysts’ Opinion of ARBE
Many brokerage firms have already submitted their reports for ARBE stocks, with Maxim Group repeating the rating for ARBE by listing it as a “Buy.” The predicted price for ARBE in the upcoming period, according to Maxim Group is $14 based on the research report published on February 04, 2022 of the previous year 2022.
Cowen, on the other hand, stated in their research note that they expect to see ARBE reach a price target of $15, previously predicting the price at $12. The rating they have provided for ARBE stocks is “Outperform” according to the report published on December 08th, 2021.
Wells Fargo gave a rating of “Overweight” to ARBE, setting the target price at $19 in the report published on November 02nd of the previous year.
ARBE Trading at -16.26% from the 50-Day Moving Average
After a stumble in the market that brought ARBE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.90% of loss for the given period.
Volatility was left at 3.93%, however, over the last 30 days, the volatility rate increased by 3.65%, as shares sank -12.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.50% lower at present.
During the last 5 trading sessions, ARBE fell by -8.75%, which changed the moving average for the period of 200-days by -13.92% in comparison to the 20-day moving average, which settled at $1.9347. In addition, Arbe Robotics Ltd saw -25.61% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ARBE
Current profitability levels for the company are sitting at:
- -35.01 for the present operating margin
- -0.28 for the gross margin
The net margin for Arbe Robotics Ltd stands at -33.19. The total capital return value is set at -1.74. Equity return is now at value -112.67, with -72.35 for asset returns.
Based on Arbe Robotics Ltd (ARBE), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at -0.93. The debt to equity ratio resting at 1.25. The interest coverage ratio of the stock is -154.45.
Currently, EBITDA for the company is -46.33 million with net debt to EBITDA at -0.48. When we switch over and look at the enterprise to sales, we see a ratio of 106.77. The receivables turnover for the company is 1.98for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.
Conclusion
To sum up, Arbe Robotics Ltd (ARBE) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
