In last trading session, Arena Group Holdings Inc (AMEX:AREN) saw 99144.0 shares changing hands with its beta currently measuring 0.48. Company’s recent per share price level of $1.29 trading at -$0.07 or -5.15% at ring of the bell on the day assigns it a market valuation of $61.23M. That closing price of AREN’s stock is at a discount of -82.17% from its 52-week high price of $2.35 and is indicating a premium of 56.59% from its 52-week low price of $0.56. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 77320.0 shares which gives us an average trading volume of 1.83 million if we extend that period to 3-months.
For Arena Group Holdings Inc (AREN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Arena Group Holdings Inc (AMEX:AREN) trade information
Upright in the red during last session for losing -5.15%, in the last five days AREN remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $1.29 price level, adding 16.08% to its value on the day. Arena Group Holdings Inc’s shares saw a change of -3.73% in year-to-date performance and have moved -3.73% in past 5-day. Arena Group Holdings Inc (AMEX:AREN) showed a performance of -20.86% in past 30-days. Number of shares sold short was 0.26 million shares which calculate 30.04 days to cover the short interests.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 41.76% during past 5 years.
Arena Group Holdings Inc (AMEX:AREN)’s Major holders
Insiders are in possession of 41.87% of company’s total shares while institution are holding 5.45 percent of that, with stock having share float percentage of 9.37%. Investors also watch the number of corporate investors in a company very closely, which is 5.45% institutions for Arena Group Holdings Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at AREN for having 0.35 million shares of worth $0.27 million. And as of 2024-06-30, it was holding 1.3295 of the company’s outstanding shares.
The second largest institutional holder is GEODE CAPITAL MANAGEMENT, LLC, which was holding about 0.16 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.6194 of outstanding shares, having a total worth of $0.13 million.
