Market Momentum Report: Mobileye Global Inc (MBLY)’s Positive Close at 12.67

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Mobileye Global Inc (NASDAQ: MBLY) closed at $12.67 in the last session, up 1.28% from day before closing price of $12.51. In other words, the price has increased by $1.28 from its previous closing price. On the day, 3.07 million shares were traded. MBLY stock price reached its highest trading level at $12.885 during the session, while it also had its lowest trading level at $12.53.

Ratios:

We take a closer look at MBLY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.52. For the most recent quarter (mrq), Quick Ratio is recorded 4.40 and its Current Ratio is at 5.80. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 the company, RBC Capital Mkts on October 15, 2024, Downgraded its rating to Sector Perform and sets its target price to $11 from $24 previously.

On October 11, 2024, Mizuho Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $30 to $13.

JP Morgan Downgraded its Neutral to Underweight on October 07, 2024, whereas the target price for the stock was revised from $16 to $10.

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 Aug 05 ’24 when GELSINGER PATRICK P bought 6,400 shares for $15.48 per share. The transaction valued at 99,045 led to the insider holds 139,106 shares of the business.

Shashua Amnon bought 631,963 shares of MBLY for $10,434,093 on Aug 02 ’24. The CEO and President now owns 4,080,097 shares after completing the transaction at $16.51 per share. On Apr 29 ’24, another insider, GELSINGER PATRICK P, who serves as the Director of the company, bought 2,000 shares for $27.53 each. As a result, the insider paid 55,060 and bolstered with 131,095 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MBLY now has a Market Capitalization of 10194877440 and an Enterprise Value of 9124979712. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.57 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 4.946 whereas that against EBITDA is -70.736.

Stock Price History:

Over the past 52 weeks, MBLY has reached a high of $44.48, while it has fallen to a 52-week low of $10.48. The 50-Day Moving Average of the stock is -1.83%, while the 200-Day Moving Average is calculated to be -45.89%.

Shares Statistics:

According to the various share statistics, MBLY traded on average about 6.35M shares per day over the past 3-months and 4853110 shares per day over the past 10 days. A total of 94.65M shares are outstanding, with a floating share count of 93.16M. Insiders hold about 88.51% of the company’s shares, while institutions hold 13.70% stake in the company. Shares short for MBLY as of 1728950400 were 20618408 with a Short Ratio of 3.25, compared to 1726185600 on 15353077. Therefore, it implies a Short% of Shares Outstanding of 20618408 and a Short% of Float of 28.73.

Most Popular