Arbe Robotics Ltd (NASDAQ:ARBE) has a beta value of 0.04 and has seen 51.03 million shares traded in the recent trading session. The company, currently valued at $356.43M, closed the recent trade at $4.19 per share which meant it gained $0.19 on the day or 4.75% during that session. The ARBE stock price is -16.95% off its 52-week high price of $4.90 and 66.83% above the 52-week low of $1.39. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.67 million shares traded. The 3-month trading volume is 2.45 million shares.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
Sporting 4.75% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ARBE stock price touched $4.19 or saw a rise of 17.68%. Year-to-date, Arbe Robotics Ltd shares have moved 125.27%, while the 5-day performance has seen it change 99.52%. Over the past 30 days, the shares of Arbe Robotics Ltd (NASDAQ:ARBE) have changed 145.03%. Short interest in the company has seen 0.53 million shares shorted with days to cover at 6.42.
Arbe Robotics Ltd (ARBE) estimates and forecasts
Figures show that Arbe Robotics Ltd shares have outperformed across the wider relevant industry. The company’s shares have gained 91.76% over the past 6 months, with this year growth rate of 20.00%, compared to 16.50% for the industry.
ARBE Dividends
Arbe Robotics Ltd is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Arbe Robotics Ltd (NASDAQ:ARBE)’s Major holders
The top two institutional holders are AWM INVESTMENT COMPANY, INC. with over 7.71 million shares worth more than $14.73 million. As of 2024-06-30, AWM INVESTMENT COMPANY, INC. held 9.8664% of shares outstanding.
The other major institutional holder is M&G PLC, with the holding of over 3.72 million shares as of 2024-06-30. The firm’s total holdings are worth over $7.44 million and represent 4.7577% of shares outstanding.