Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Arbe Robotics Ltd (NASDAQ: ARBE) closed at $3.76 in the last session, down -6.00% from day before closing price of $4.00. In other words, the price has decreased by -$6.00 from its previous closing price. On the day, 93.79 million shares were traded. ARBE stock price reached its highest trading level at $5.08 during the session, while it also had its lowest trading level at $3.61.
Ratios:
We take a closer look at ARBE’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARBE now has a Market Capitalization of 320374208 and an Enterprise Value of 148920304. For the stock, the TTM Price-to-Sale (P/S) ratio is 313.58 while its Price-to-Book (P/B) ratio in mrq is 17.09. Its current Enterprise Value per Revenue stands at 108.542 whereas that against EBITDA is -3.138.
Stock Price History:
Over the past 52 weeks, ARBE has reached a high of $4.90, while it has fallen to a 52-week low of $1.39. The 50-Day Moving Average of the stock is 100.47%, while the 200-Day Moving Average is calculated to be 94.31%.
Shares Statistics:
According to the various share statistics, ARBE traded on average about 2.45M shares per day over the past 3-months and 14762270 shares per day over the past 10 days. A total of 78.22M shares are outstanding, with a floating share count of 55.68M. Insiders hold about 34.54% of the company’s shares, while institutions hold 22.32% stake in the company. Shares short for ARBE as of 1731628800 were 533254 with a Short Ratio of 0.28, compared to 1728950400 on 566587. Therefore, it implies a Short% of Shares Outstanding of 533254 and a Short% of Float of 0.8999999999999999.
