Arbe Robotics Ltd [NASDAQ: ARBE] gained 52.09% on the last trading session, reaching $4.00 price per share at the time.
If compared to the average trading volume of 392.97K shares, ARBE reached a trading volume of 128077502 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 Arbe Robotics Ltd [ARBE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARBE shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARBE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for Arbe Robotics Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 29, 2024. While these analysts kept the previous recommendation, Maxim Group raised their target price to Buy. The new note on the price target was released on February 04, 2022, representing the official price target for Arbe Robotics Ltd stock. Previously, the target price had yet another raise from $12 to $15, while Cowen kept a Outperform rating on ARBE stock.
The Average True Range (ATR) for Arbe Robotics Ltd is set at 0.36, with the Price to Sales ratio for ARBE stock in the period of the last 12 months amounting to 430.08. The Price to Book ratio for the last quarter was 18.18, with the Price to Cash per share for the same quarter was set at 0.17.
Trading performance analysis for ARBE stock
Arbe Robotics Ltd [ARBE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 86.92. With this latest performance, ARBE shares gained by 138.10% in over the last four-week period, additionally plugging by 64.61% over the last 6 months – not to mention a rise of 86.92% in the past year of trading.
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 ARBE stock in for the last two-week period is set at 86.04, with the RSI for the last a single of trading hit 89.47, and the three-weeks RSI is set at 82.70 for Arbe Robotics Ltd [ARBE]. The present Moving Average for the last 50 days of trading for this stock 1.84, while it was recorded at 2.53 for the last single week of trading, and 1.93 for the last 200 days.
Arbe Robotics Ltd [ARBE]: A deeper dive into fundamental analysis
Arbe Robotics Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.44 and a Current Ratio set at 1.44.
An analysis of Institutional ownership at Arbe Robotics Ltd [ARBE]
The top three institutional holders of ARBE stocks are: AWM INVESTMENT COMPANY, INC. with ownership of 7.71 million shares, which is approximately 9.8664%. M&G PLC, holding 3.72 million shares of the stock with an approximate value of $$7.44 million in ARBE stocks shares; and M&G PLC, currently with $$5.43 million in ARBE stock with ownership which is approximately 3.6385%.
