In the last trading session, 4.83 million Arbe Robotics Ltd (NASDAQ:ARBE) shares changed hands as the company’s beta touched 0.07. With the company’s per share price at $2.08 changed hands at -$0.16 or -7.14% during last session, the market valuation stood at $198.43M. ARBE’s last price was a discount, traded about -144.71% 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 33.17% up since then.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
Instantly ARBE was in red as seen at the end of in last trading. With action -22.96%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 11.83%, with the 5-day performance at -22.96% in the red. However, in the 30-day time frame, Arbe Robotics Ltd (NASDAQ:ARBE) is -27.27% down.
Arbe Robotics Ltd (ARBE) estimates and forecasts
Year-over-year growth is forecast to reach -25.17% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 400k. 2 analysts are of the opinion that Arbe Robotics Ltd’s revenue for the current quarter will be 500k. The company’s revenue for the corresponding quarters a year ago was 347k and 137k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 15.27%. The estimates for the next quarter sales put growth at 264.96%.
The 2025 estimates are for Arbe Robotics Ltd earnings to increase by 26.06%, but the outlook for the next 5-year period is at 51.70% per year.
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.
Among Mutual Funds, the top two as of Oct 31, 2024 were Saba Capital Income & Opportunities Fd and Saba Capital Income & Opportunities Fund II . With 391.77 shares estimated at $0.81 million under it, the former controlled 0.44% of total outstanding shares. On the other hand, Saba Capital Income & Opportunities Fund II held about 0.22% of the shares, roughly 200.08 shares worth around $0.42 million.
