Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Arbe Robotics Ltd (NASDAQ: ARBE) closed at $1.29 down -0.77% from its previous closing price of $1.30. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 3.71 million shares were traded.
Ratios:
For a deeper understanding of Arbe Robotics Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.45 whereas as Long-Term Debt/Eq ratio is at 0.06.
On November 29, 2024, Maxim Group reiterated its Buy rating and also upped its target price recommendation from $4 to $3.
On February 04, 2022, Maxim Group started tracking the stock assigning a Buy rating and target price of $14.Maxim Group initiated its Buy rating on February 04, 2022, with a $14 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 159.82 while its Price-to-Book (P/B) ratio in mrq is 5.86.
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 $1.28. The 50-Day Moving Average of the stock is -48.03%, while the 200-Day Moving Average is calculated to be -37.48%.
Shares Statistics:
A total of 95.40M 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.
