During the last session, Arena Group Holdings Inc (AMEX:AREN)’s traded shares were 0.35 million, with the beta value of the company hitting 0.49. At the end of the trading day, the stock’s price was $2.68, reflecting an intraday loss of -3.25% or -$0.09. The 52-week high for the AREN share is $2.85, that puts it down -6.34 from that peak though still a striking 79.1% gain since the share price plummeted to a 52-week low of $0.56. The company’s market capitalization is $127.46M, and the average intraday trading volume over the past 10 days was 0.2 million shares, and the average trade volume was 59.87K shares over the past three months.
Arena Group Holdings Inc (AREN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. AREN has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Arena Group Holdings Inc (AMEX:AREN) trade information
Arena Group Holdings Inc (AREN) registered a -3.25% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.25% in intraday trading to $2.68, hitting a weekly high. The stock’s 5-day price performance is 36.04%, and it has moved by 62.42% in 30 days. Based on these gigs, the overall price performance for the year is 273.21%. The short interest in Arena Group Holdings Inc (AMEX:AREN) is 0.12 million shares and it means that shorts have 4.27 day(s) to cover.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 34.07%.
AREN Dividends
Arena Group Holdings Inc is due to release its next quarterly earnings on 2024-Mar-31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Arena Group Holdings Inc (AMEX:AREN)’s Major holders
Arena Group Holdings Inc insiders own 79.50% of total outstanding shares while institutional holders control 4.62%, with the float percentage being 22.55%. VANGUARD GROUP INC is the largest shareholder of the company, while 29.0 institutions own stock in it. As of 2024-06-30, the company held over 0.35 million shares (or 1.3295% of all shares), a total value of $0.27 million in shares.
The next largest institutional holding, with 0.16 million shares, is of GEODE CAPITAL MANAGEMENT, LLC’s that is approximately 0.6194% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.13 million.
Also, the Mutual Funds coming in first place with the largest holdings of Arena Group Holdings Inc (AREN) shares are 180 DEGREE CAPITAL CORP. /NY/ and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . Data provided on Dec 31, 2024 indicates that 180 DEGREE CAPITAL CORP. /NY/ owns about 992.99 shares. This amounts to just over 2.09 percent of the company’s overall shares, with a $2.66 million market value. The same data shows that the other fund manager holds slightly less at 201.26, or about 0.42% of the stock, which is worth about $0.54 million.
