Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Arbe Robotics Ltd (NASDAQ: ARBE) closed the day trading at $2.76 down -12.10% from the previous closing price of $3.14. In other words, the price has decreased by -$12.10 from its previous closing price. On the day, 12.62 million shares were traded. ARBE stock price reached its highest trading level at $3.29 during the session, while it also had its lowest trading level at $2.75.
Ratios:
For a better understanding of ARBE, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 263684608 and an Enterprise Value of 148920304. For the stock, the TTM Price-to-Sale (P/S) ratio is 258.14 while its Price-to-Book (P/B) ratio in mrq is 12.54. Its current Enterprise Value per Revenue stands at 108.542 whereas that against EBITDA is -3.138.
Stock Price History:
The Beta on a monthly basis for ARBE is -0.02, which has changed by 0.41538465 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. 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 33.79%, while the 200-Day Moving Average is calculated to be 39.95%.
Shares Statistics:
Over the past 3-months, ARBE traded about 5.99M shares per day on average, while over the past 10 days, ARBE traded about 36836020 shares per day. A total of 78.22M shares are outstanding, with a floating share count of 62.58M. Insiders hold about 34.41% of the company’s shares, while institutions hold 19.90% stake in the company. Shares short for ARBE as of 1731628800 were 533254 with a Short Ratio of 0.20, compared to 1728950400 on 566587. Therefore, it implies a Short% of Shares Outstanding of 533254 and a Short% of Float of 0.8999999999999999.
