Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Mobileye Global Inc (NASDAQ: MBLY) was $31.12 for the day, up 2.27% from the previous closing price of $30.43. In other words, the price has increased by $2.27 from its previous closing price. On the day, 3.75 million shares were traded. MBLY stock price reached its highest trading level at $31.59 during the session, while it also had its lowest trading level at $30.88.
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 20.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.85. For the most recent quarter (mrq), Quick Ratio is recorded 4.16 and its Current Ratio is at 5.13. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 15, 2024, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $31.
TD Cowen reiterated its Outperform rating for the stock on January 26, 2024, while the target price for the stock was revised from $38 to $35.
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 Feb 01 ’24 when Yeboah-Amankwah Safroadu bought 940 shares for $25.68 per share. The transaction valued at 24,138 led to the insider holds 48,459 shares of the business.
GELSINGER PATRICK P bought 3,600 shares of MBLY for $99,915 on Jan 29 ’24. The Director now owns 129,095 shares after completing the transaction at $27.75 per share. On Oct 31 ’23, another insider, McCaskill Claire C., who serves as the Director of the company, bought 27,819 shares for $35.95 each. As a result, the insider paid 999,996 and bolstered with 27,819 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 25089908736 and an Enterprise Value of 23928922112. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.07 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 11.51 whereas that against EBITDA is 323.364.
Stock Price History:
Over the past 52 weeks, MBLY has reached a high of $47.41, while it has fallen to a 52-week low of $23.49. The 50-Day Moving Average of the stock is 7.72%, while the 200-Day Moving Average is calculated to be -11.19%.
Shares Statistics:
MBLY traded an average of 3.62M shares per day over the past three months and 2383770 shares per day over the past ten days. A total of 94.65M shares are outstanding, with a floating share count of 92.49M. Insiders hold about 88.53% of the company’s shares, while institutions hold 14.76% stake in the company. Shares short for MBLY as of 1711584000 were 21882285 with a Short Ratio of 6.05, compared to 1709164800 on 19826314. Therefore, it implies a Short% of Shares Outstanding of 21882285 and a Short% of Float of 32.68.
