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The closing price of Arbe Robotics Ltd (NASDAQ: ARBE) was $2.24 for the day, down -7.44% from the previous closing price of $2.42. In other words, the price has decreased by -$7.44 from its previous closing price. On the day, 4.98 million shares were traded.
Ratios:
Our analysis of ARBE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.91 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, Maxim Group on November 29, 2024, Reiterated its Buy rating but revised its target price to $3 from $4 previously.
On February 04, 2022, Maxim Group started tracking the stock assigning a Buy rating and target price of $14.
Cowen reiterated its Outperform rating for the stock on December 08, 2021, while the target price for the stock was revised from $12 to $15.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 07 ’25 when Canaan Partners Israel (CPI) C bought 36,186 shares for $5.00 per share.
Machness Ram bought 79,209 shares of ARBE for $208,320 on Jan 06 ’25. On Jan 06 ’25, another insider, Naeh Shay, who serves as the Officer of the company, bought 63,649 shares for $2.63 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 209.50 while its Price-to-Book (P/B) ratio in mrq is 10.18.
Stock Price History:
Over the past 52 weeks, ARBE has reached a high of $5.09, while it has fallen to a 52-week low of $1.39. The 50-Day Moving Average of the stock is -9.65%, while the 200-Day Moving Average is calculated to be 8.66%.
Shares Statistics:
A total of 78.22M shares are outstanding, with a floating share count of 66.13M. Insiders hold about 30.68% of the company’s shares, while institutions hold 25.73% stake in the company.
