Analysis of Arrival (NASDAQ:ARVL): Selected Notes

Arrival (NASDAQ: ARVL) closed the day trading at $0.16 down -1.40% from the previous closing price of $0.16. In other words, the price has decreased by -$0.0023 from its previous closing price. On the day, 12229323 shares were traded. ARVL stock price reached its highest trading level at $0.1689 during the session, while it also had its lowest trading level at $0.1450.

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For a better understanding of ARVL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.20 and its Current Ratio is at 7.50. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Berenberg on October 06, 2021, initiated with a Buy rating and assigned the stock a target price of $17.

On June 03, 2021, Barclays started tracking the stock assigning a Overweight rating and target price of $25.

Stock Price History:

Over the past 52 weeks, ARVL has reached a high of $4.13, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 0.3303, while the 200-Day Moving Average is calculated to be 0.8395.

Shares Statistics:

Over the past 3-months, ARVL traded about 12.49M shares per day on average, while over the past 10 days, ARVL traded about 9.43M shares per day. A total of 638.24M shares are outstanding, with a floating share count of 220.24M. Insiders hold about 51.20% of the company’s shares, while institutions hold 9.70% stake in the company. Shares short for ARVL as of Jan 30, 2023 were 49.55M with a Short Ratio of 14.68M, compared to 52.56M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 7.76% and a Short% of Float of 28.50%.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of -$0.49 for the current quarter, with a high estimate of -$0.49 and a low estimate of -$0.49, while EPS last year was $0.09. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.1.

Analysts are recommending an EPS of between -$0.74 and -$0.74 for the fiscal current year, implying an average EPS of -$0.74. EPS for the following year is -$0.25, with 1 analysts recommending between -$0.25 and -$0.25.