While Arbe Robotics Ltd has overperformed by 9.36%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ARBE rose by 78.95%, with highs and lows ranging from $5.09 to $1.39, whereas the simple moving average jumped by 91.80% in the last 200 days.
On November 29, 2024, Maxim Group Reiterated Arbe Robotics Ltd (NASDAQ: ARBE) to Buy. A report published by Maxim Group on February 04, 2022, Initiated its previous ‘Buy’ rating for ARBE. Cowen also reiterated ARBE shares as ‘Outperform’, quoting a target price of $15 on the company’s shares in a report dated December 08, 2021. Wells Fargo Initiated an Overweight rating on November 02, 2021, and assigned a price target of $19.
Analysis of Arbe Robotics Ltd (ARBE)
Further, the quarter-over-quarter decrease in sales is -74.32%, showing a negative trend in the upcoming months.
Arbe Robotics Ltd’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -143.22% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.44, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and ARBE is registering an average volume of 4.52M. On a monthly basis, the volatility of the stock is set at 14.60%, whereas on a weekly basis, it is put at 32.34%, with a gain of 83.33% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.00, showing decline from the present price of $3.74, which can serve as yet another indication of whether ARBE is worth investing in or should be passed over.
How Do You Analyze Arbe Robotics Ltd Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 34.41%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 22.32% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ARBE shares are owned by institutional investors to the tune of 22.32% at present.
