In recent trading session, Arbe Robotics Ltd (NASDAQ:ARBE) saw 1.59 million shares changing hands at last check today with its beta currently measuring 0.05. Company’s recent per share price level of $2.56 trading at $0.06 or 2.44% at last check today assigns it a market valuation of $244.31M. That most recent trading price of ARBE’s stock is at a discount of -98.83% from its 52-week high price of $5.09 and is indicating a premium of 45.7% from its 52-week low price of $1.39. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.42 million shares which gives us an average trading volume of 7.31 million if we extend that period to 3-months.

Arbe Robotics Ltd (NASDAQ:ARBE) trade information

Upright in the green today for gaining 2.44%, in the last five days ARBE remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $2.56 price level, adding 24.04% to its value on the day. Arbe Robotics Ltd’s shares saw a change of 37.68% in year-to-date performance and have moved -10.46% in past 5-day. Arbe Robotics Ltd (NASDAQ:ARBE) showed a performance of 19.67% in past 30-days. Number of shares sold short was 0.53 million shares which calculate 6.42 days to cover the short interests.

Arbe Robotics Ltd (ARBE) estimates and forecasts

Statistics highlight that Arbe Robotics Ltd is scoring comparatively higher than the scores of other players of the relevant industry. The company added 18.01% of value to its shares in past 6 months, showing an annual growth rate of 20.00% while that of industry is 14.60. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -25.17% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 400k for the same. And 2 analysts are in estimates of company making revenue of 500k in the next quarter. Company posted 347k and 137k of sales in current and next quarters respectively a year earlier.

Arbe Robotics Ltd (NASDAQ:ARBE)’s Major holders

AWM INVESTMENT COMPANY, INC. is the top institutional holder at ARBE for having 7.71 million shares of worth $14.73 million. And as of 2024-06-30, it was holding 9.8664 of the company’s outstanding shares.

The second largest institutional holder is M&G PLC, which was holding about 3.72 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.7577 of outstanding shares, having a total worth of $7.44 million.

On the other hand, Saba Capital Income & Opportunities Fd and Saba Capital Income & Opportunities Fund II are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024, the former fund manager was holding 391.77 shares of worth $0.99 million or 0.44% of the total outstanding shares. The later fund manager was in possession of 200.08 shares on Oct 31, 2024, making its stake of worth around $0.51 million in the company or a holder of 0.22% of company’s stock.