Now Is The Time To Build A Position In ARB IOT Group Ltd (NASDAQ:ARBB)

ARB IOT Group Ltd (NASDAQ:ARBB)’s traded shares stood at 0.57 million during the last session, with the company’s beta value hitting 0.95. At the close of trading, the stock’s price was $0.84, to imply an increase of 2.44% or $0.02 in intraday trading. The ARBB share’s 52-week high remains $1.49, putting it -77.38% down since that peak but still an impressive 75.0% since price per share fell to its 52-week low of $0.21. The company has a valuation of $22.21M, with an average of 1.36 million shares in intraday trading volume over the past 10 days and average of 3.71 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for ARB IOT Group Ltd (ARBB), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give ARBB a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.

ARB IOT Group Ltd (NASDAQ:ARBB) trade information

After registering a 2.44% upside in the last session, ARB IOT Group Ltd (ARBB) has traded red over the past five days. The 5-day price performance for the stock is 21.18%, and 71.08% over 30 days. With these gigs, the year-to-date price performance is 70.91%. Short interest in ARB IOT Group Ltd (NASDAQ:ARBB) saw shorts transact 0.86 million shares and set a 0.27 days time to cover.

ARBB Dividends

ARB IOT Group Ltd has its next earnings report out in April. 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.

ARB IOT Group Ltd (NASDAQ:ARBB)’s Major holders

ARB IOT Group Ltd insiders hold 43.11% of total outstanding shares, with institutional holders owning 1.44% of the shares at 2.52% float percentage. In total, 1.44% institutions holds shares in the company.

Going by data provided on Dec 31, 2024 , Fidelity Nasdaq Composite Index Fund holds roughly 9.79 shares. This is just over 0.04% of the total shares, with a market valuation of $8219.0