Arrival [NASDAQ: ARVL] loss -8.04% on the last trading session, reaching $13.26 price per share at the time.
Arrival represents 606.16 million in outstanding shares, while the company has a total market value of $8.27 billion with the latest information. ARVL stock price has been found in the range of $13.04 to $15.00.
If compared to the average trading volume of 1.74M shares, ARVL reached a trading volume of 1848063 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Arrival [ARVL]:
Cowen have made an estimate for Arrival shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 05, 2021.
The Average True Range (ATR) for Arrival is set at 2.08 The Price to Book ratio for the last quarter was 1.74, with the Price to Cash per share for the same quarter was set at 0.00.
Trading performance analysis for ARVL stock
Arrival [ARVL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.33. With this latest performance, ARVL shares dropped by -45.12% in over the last four-week period, additionally plugging by 32.34% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ARVL stock in for the last two-week period is set at 30.12, with the RSI for the last a single of trading hit 26.26, and the three-weeks RSI is set at 33.56 for Arrival [ARVL]. The present Moving Average for the last 50 days of trading for this stock 22.21, while it was recorded at 14.09 for the last single week of trading, and 17.45 for the last 200 days.
Arrival [ARVL]: A deeper dive into fundamental analysis
Arrival’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.10.
An analysis of insider ownership at Arrival [ARVL]
There are presently around $136 million, or 1.60% of ARVL stock, in the hands of institutional investors. The top three institutional holders of ARVL stocks are: ATALAYA CAPITAL MANAGEMENT LP with ownership of 1,940,625, which is approximately New of the company’s market cap and around 76.70% of the total institutional ownership; BLACKROCK INC., holding 1,940,625 shares of the stock with an approximate value of $27.98 million in ARVL stocks shares; and MAGNETAR FINANCIAL LLC, currently with $27.98 million in ARVL stock with ownership of nearly 4367.245% of the company’s market capitalization.
54 institutional holders increased their position in Arrival [NASDAQ:ARVL] by around 7,178,805 shares. Additionally, 46 investors decreased positions by around 14,736,151 shares, while 1 investors held positions by with 12,454,600 shares. The mentioned changes placed institutional holdings at 9,460,356 shares, according to the latest SEC report filing. ARVL stock had 52 new institutional investments in for a total of 5,264,273 shares, while 41 institutional investors sold positions of 13,218,258 shares during the same period.