In recent trading session, Arbe Robotics Ltd (NASDAQ:ARBE) saw 0.96 million shares changing hands at last check today with its beta currently measuring 0.05. Company’s recent per share price level of $2.42 trading at $0.0 or -0.09% at last check today assigns it a market valuation of $230.66M. That most recent trading price of ARBE’s stock is at a discount of -110.33% from its 52-week high price of $5.09 and is indicating a premium of 42.56% from its 52-week low price of $1.39.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
Upright in the red during last session for losing -0.09%, in the last five days ARBE remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $2.42 price level, adding 16.55% to its value on the day. Arbe Robotics Ltd’s shares saw a change of 29.99% in year-to-date performance and have moved -16.05% in past 5-day. Arbe Robotics Ltd (NASDAQ:ARBE) showed a performance of -19.67% in past 30-days.
Arbe Robotics Ltd (ARBE) estimates and forecasts
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.
In 2025, company’s earnings growth rate is likely to be around 26.06% while estimates for its earnings growth in next 5 years are of 51.70%.
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 $0.94 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 $0.48 million in the company or a holder of 0.22% of company’s stock.
