Arbe Robotics Ltd (NASDAQ:ARBE)’s traded shares stood at 0.65 million during the latest session, with the company’s beta value hitting 0.24. At the last check today, the stock’s price was $1.38, to imply an increase of 1.47% or $0.02 in intraday trading. The ARBE share’s 52-week high remains $5.09, putting it -268.84% down since that peak but still an impressive 18.84% since price per share fell to its 52-week low of $1.12. The company has a valuation of $131.65M, with an average of 3.41 million shares in intraday trading volume over the past 10 days and average of 10.69 million shares over the past 3 months.
Arbe Robotics Ltd (NASDAQ:ARBE) trade information
After registering a 1.47% upside in the latest session, Arbe Robotics Ltd (ARBE) has traded red over the past five days. The 5-day price performance for the stock is 22.12%, and -46.30% over 30 days. With these gigs, the year-to-date price performance is -25.81%. Short interest in Arbe Robotics Ltd (NASDAQ:ARBE) saw shorts transact 5.88 million shares and set a 0.92 days time to cover.
Arbe Robotics Ltd (ARBE) estimates and forecasts
The rating firms project that company’s revenue will grow 388.28% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 100k. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 200k.Earnings reports from the last fiscal year show that sales brought in 137k and 409k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -27.01% before dropping -51.10% in the following quarter.
ARBE Dividends
Arbe Robotics Ltd has its next earnings report out on 2025-Mar-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Arbe Robotics Ltd (NASDAQ:ARBE)’s Major holders
Arbe Robotics Ltd insiders hold 17.05% of total outstanding shares, with institutional holders owning 44.00% of the shares at 53.04% float percentage. In total, 44.00% institutions holds shares in the company, led by AWM INVESTMENT COMPANY, INC.. As of 2024-06-30, the company held over 7.71 million shares (or 9.8664% of shares), all amounting to roughly $14.73 million.
The next major institution holding the largest number of shares is M&G PLC with 3.72 million shares, or about 4.7577% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.44 million.
Going by data provided on Oct 31, 2024 , — holds roughly 391.77 shares. This is just over 0.44% of the total shares, with a market valuation of $0.54 million. Data from the same date shows that the other fund manager holds a little less at 200.08, or 0.22% of the shares, all valued at about 0.28 million.
