MBLY has 36-month beta value of 0.10. Analysts have mixed views on the stock, with 16 analysts rating it as a “buy,” 5 as “overweight,” 10 as “hold,” and 2 as “sell.”
The public float for MBLY is 92.77M, and currently, short sellers hold a 22.07% ratio of that float. The average trading volume of MBLY on November 18, 2024 was 6.48M shares.
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MBLY) stock’s latest price update
The stock of Mobileye Global Inc (NASDAQ: MBLY) has increased by 11.24 when compared to last closing price of 14.99.Despite this, the company has seen a gain of 0.21% in its stock price over the last five trading days. marketbeat.com reported 2024-11-14 that Not all companies entered 2024 riding high. Normalization from the 2021 post-COVID boom has still been a common stay for many companies in the computer and technology and consumer discretionary sectors.
MBLY’s Market Performance
Mobileye Global Inc (MBLY) has seen a 0.21% rise in stock performance for the week, with a 30.38% gain in the past month and a 11.76% surge in the past quarter. The volatility ratio for the week is 7.05%, and the volatility levels for the past 30 days are at 6.72% for MBLY. The simple moving average for the past 20 days is 13.10% for MBLY’s stock, with a -25.52% simple moving average for the past 200 days.
Analysts’ Opinion of MBLY
Many brokerage firms have already submitted their reports for MBLY stocks, with Loop Capital repeating the rating for MBLY by listing it as a “Buy.” The predicted price for MBLY in the upcoming period, according to Loop Capital is $20 based on the research report published on November 12, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see MBLY reach a price target of $19, previously predicting the price at $15. The rating they have provided for MBLY stocks is “Buy” according to the report published on November 01st, 2024.
RBC Capital Mkts gave a rating of “Sector Perform” to MBLY, setting the target price at $11 in the report published on October 15th of the current year.
MBLY Trading at 24.75% from the 50-Day Moving Average
After a stumble in the market that brought MBLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -62.51% of loss for the given period.
Volatility was left at 6.72%, however, over the last 30 days, the volatility rate increased by 7.05%, as shares surge +26.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.13% upper at present.
During the last 5 trading sessions, MBLY rose by +0.60%, which changed the moving average for the period of 200-days by -37.00% in comparison to the 20-day moving average, which settled at $14.75. In addition, Mobileye Global Inc saw -61.51% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MBLY starting from GELSINGER PATRICK P, who purchase 6,750 shares at the price of $14.94 back on Nov 04 ’24. After this action, GELSINGER PATRICK P now owns 139,456 shares of Mobileye Global Inc, valued at $100,848 using the latest closing price.
GELSINGER PATRICK P, the Director of Mobileye Global Inc, purchase 6,400 shares at $15.48 during a trade that took place back on Aug 05 ’24, which means that GELSINGER PATRICK P is holding 139,106 shares at $99,045 based on the most recent closing price.
Stock Fundamentals for MBLY
Current profitability levels for the company are sitting at:
- -1.7 for the present operating margin
- 0.47 for the gross margin
The net margin for Mobileye Global Inc stands at -1.64. The total capital return value is set at -0.25. Equity return is now at value -21.94, with -21.03 for asset returns.
Currently, EBITDA for the company is 529.0 million with net debt to EBITDA at 0.51. When we switch over and look at the enterprise to sales, we see a ratio of 6.88. The receivables turnover for the company is 8.08for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.80.
Conclusion
To put it simply, Mobileye Global Inc (MBLY) has had a mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” 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.
