In the last trading session, 8.01 million Arbe Robotics Ltd (NASDAQ:ARBE) shares changed hands as the company’s beta touched 0.06. With the company’s per share price at $2.56 changed hands at $0.15 or 6.22% during last session, the market valuation stood at $244.22M. ARBE’s last price was a discount, traded about -98.83% off its 52-week high of $5.09. The share price had its 52-week low at $1.39, which suggests the last value was 45.7% up since then. When we look at Arbe Robotics Ltd’s average trading volume, we note the 10-day average is 8.74 million shares, with the 3-month average coming to 7.38 million.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
Instantly ARBE was in green as seen at the end of in last trading. With action -14.38%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 37.63%, with the 5-day performance at -14.38% in the red. However, in the 30-day time frame, Arbe Robotics Ltd (NASDAQ:ARBE) is 21.90% up. Looking at the short shares, we see there were 0.53 million shares sold at short interest cover period of 6.42 days.
Arbe Robotics Ltd (ARBE) estimates and forecasts
Data shows that the Arbe Robotics Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 20.75% over the past 6 months, a 20.00% in annual growth rate that is considerably higher than the industry average of 14.30%.
The 2025 estimates are for Arbe Robotics Ltd earnings to increase by 14.55%.
ARBE Dividends
Arbe Robotics Ltd is expected to release its next quarterly earnings report in March.
M&G PLC holds the second largest percentage of outstanding shares, with 4.7577% or 3.72 million shares worth $7.44 million as of 2024-06-30.