ARB IOT Group Ltd (NASDAQ: ARBB) Surprises Bears With Upbeat Outlook.

In the last trading session, 2.23 million shares of the ARB IOT Group Ltd (NASDAQ:ARBB) were traded, and its beta was 1.71. Most recently the company’s share price was $0.50, and it changed around -$0.15 or -23.77% from the last close, which brings the market valuation of the company to $13.14M. ARBB currently trades at a discount to its 52-week high of $1.68, offering almost -236.0% off that amount. The share price’s 52-week low was $0.21, which indicates that the current value has risen by an impressive 58.0% since then.

ARB IOT Group Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ARBB as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

ARB IOT Group Ltd (NASDAQ:ARBB) trade information

Instantly ARBB has showed a red trend with a performance of -23.77% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.8201 on recent trading dayincreased the stock’s daily price by 39.03%. The company’s shares are currently up 1.12% year-to-date, but still up 9.71% over the last five days. On the other hand, ARB IOT Group Ltd (NASDAQ:ARBB) is -4.61% down in the 30-day period.

ARBB Dividends

ARB IOT Group Ltd’s next quarterly earnings report is expected to be released in April.

The former held 9.79 shares worth $4863.0, making up 0.04% of all outstanding shares.