Buy, Sell Or Hold Arbe Robotics Ltd (NASDAQ:ARBE) At $1.06?

In last trading session, Arbe Robotics Ltd (NASDAQ:ARBE) saw 1.1 million shares changing hands with its beta currently measuring 0.37. Company’s recent per share price level of $1.06 trading at $0.02 or 1.92% at ring of the bell on the day assigns it a market valuation of $111.47M. That closing price of ARBE’s stock is at a discount of -380.19% from its 52-week high price of $5.09 and is indicating a premium of 8.49% from its 52-week low price of $0.97. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.79 million shares which gives us an average trading volume of 10.47 million if we extend that period to 3-months.

Arbe Robotics Ltd (NASDAQ:ARBE) trade information

Upright in the green during last session for gaining 1.92%, in the last five days ARBE remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $1.06 price level, adding 13.11% to its value on the day. Arbe Robotics Ltd’s shares saw a change of -43.01% in year-to-date performance and have moved -12.40% in past 5-day. Arbe Robotics Ltd (NASDAQ:ARBE) showed a performance of -36.14% in past 30-days. Number of shares sold short was 6.94 million shares which calculate 1.62 days to cover the short interests.

In 2025, company’s earnings growth rate is likely to be around 39.34% while estimates for its earnings growth in next 5 years are of 20.20%.

Arbe Robotics Ltd (NASDAQ:ARBE)’s Major holders

Insiders are in possession of 14.82% of company’s total shares while institution are holding 38.26 percent of that, with stock having share float percentage of 44.92%. Investors also watch the number of corporate investors in a company very closely, which is 38.26% institutions for Arbe Robotics Ltd that are currently holding shares of the company. 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.