Arrival (NASDAQ: ARVL) Surged 4.98% In 6 Months – Here’s What To Expect Next – Marketing Sentinel
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Arrival (NASDAQ: ARVL) Surged 4.98% In 6 Months – Here’s What To Expect Next

During the last session, Arrival (NASDAQ:ARVL)’s traded shares were 1.75 million. At the end of the trading day, the stock’s price was $20.24, reflecting an intraday gain of 2.48% or $0.49. The 52-week high for the ARVL share is $37.18, that puts it down -83.7 from that peak though still a striking 51.68% gain since the share price plummeted to a 52-week low of $9.78. The company’s market capitalization is $12.17B, and the average intraday trading volume over the past 10 days was 2.37 million shares, and the average trade volume was 2.15 million shares over the past three months.

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Arrival (NASDAQ:ARVL) trade information

Arrival (ARVL) registered a 2.48% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.48% in intraday trading to $20.24 this Wednesday, 06/09/21, hitting a weekly high. The stock’s 5-day price performance is -0.05%, and it has moved by 4.98% in 30 days. Based on these gigs, the overall price performance for the year is 108.44%. The short interest in Arrival (NASDAQ:ARVL) is 6.63 million shares and it means that shorts have 2.64 day(s) to cover.

The consensus price target of analysts on Wall Street is $30.17, which implies an increase of 32.91% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $25.00 and $37.00 respectively. As a result, ARVL is trading at a discount of -82.81% off the target high and -23.52% off the low.

ARVL Dividends

Arrival is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Arrival (NASDAQ:ARVL)’s Major holders

Arrival insiders own 76.70% of total outstanding shares while institutional holders control 3.96%, with the float percentage being 16.98%. Madden Securities Corp is the largest shareholder of the company, while 76 institutions own stock in it. As of Mar 30, 2021, the company held over 90155.0 shares (or 0.01% of all shares), a total value of $1.45 million in shares.

The next largest institutional holding, with 74323.0 shares, is of Cowen and Company, LLC’s that is approximately 0.01% of outstanding shares. At the market price on Mar 30, 2021, these shares were valued at $1.19 million.

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Also, the Mutual Funds coming in first place with the largest holdings of Arrival (ARVL) shares are Fundamental Investors Inc and Growth Fund Of America Inc. Data provided on Mar 30, 2021 indicates that Fundamental Investors Inc owns about 6.39 million shares. This amounts to just over 1.05 percent of the company’s overall shares, with a $102.57 million market value. The same data shows that the other fund manager holds slightly less at 4.82 million, or about 0.80% of the stock, which is worth about $77.41 million.


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