While Arbe Robotics Ltd has overperformed by 6.22%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ARBE rose by 35.45%, with highs and lows ranging from $5.09 to $1.39, whereas the simple moving average jumped by 27.65% 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.
To gain a thorough understanding of Arbe Robotics Ltd’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. 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.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and ARBE is recording an average volume of 7.38M. On a monthly basis, the volatility of the stock is set at 19.89%, whereas on a weekly basis, it is put at 13.55%, with a loss of -14.38% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.33, showing growth from the present price of $2.56, 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?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. 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 19.90% 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 19.90% at present.
