Market Recap: Mobileye Global Inc (MBLY)’s Positive Momentum, Closing at 13.10

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The closing price of Mobileye Global Inc (NASDAQ: MBLY) was $13.10 for the day, up 6.16% from the previous closing price of $12.34. In other words, the price has increased by $6.16 from its previous closing price. On the day, 8.27 million shares were traded. MBLY stock price reached its highest trading level at $13.3295 during the session, while it also had its lowest trading level at $12.58.

Ratios:

Our analysis of MBLY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.54. 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.

Exane BNP Paribas Downgraded its Outperform to Neutral on August 05, 2024, while the target price for the stock was maintained at $17.

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 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 10624729088 and an Enterprise Value of 9473730560. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.76 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 5.135 whereas that against EBITDA is -73.44.

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 -19.04%, while the 200-Day Moving Average is calculated to be -50.79%.

Shares Statistics:

MBLY traded an average of 5.51M shares per day over the past three months and 8915400 shares per day over the past ten 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 13.76% stake in the company. Shares short for MBLY as of 1724976000 were 11711967 with a Short Ratio of 2.12, compared to 1722384000 on 14768443. Therefore, it implies a Short% of Shares Outstanding of 11711967 and a Short% of Float of 16.319999.

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