During the last session, Arena Group Holdings Inc (AMEX:AREN)’s traded shares were 0.46 million, with the beta value of the company hitting 0.59. At the end of the trading day, the stock’s price was $7.11, reflecting an intraday gain of 15.61% or $0.96. The 52-week high for the AREN share is $6.36, that puts it up 10.55 from that peak though still a striking 92.12% gain since the share price plummeted to a 52-week low of $0.56. The company’s market capitalization is $338.16M, and the average trade volume was 120.05K 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.
Arena Group Holdings Inc (AMEX:AREN) trade information
Arena Group Holdings Inc (AREN) registered a 15.61% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 15.61% in intraday trading to $7.11, hitting a weekly high. The stock’s 5-day price performance is 29.51%, and it has moved by 266.49% in 30 days. Based on these gigs, the overall price performance for the year is 796.60%.
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 in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
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 $7.06 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 $1.43 million.
