A share price of Arbe Robotics Ltd [ARBE] is currently trading at $2.10, down -1.87%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ARBE shares have gain 22.81% over the last week, with a monthly amount glided 17.98%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Arbe Robotics Ltd [NASDAQ: ARBE] stock has seen the most recent analyst activity on November 29, 2024, when Maxim Group reiterated its Buy rating and also revised its price target to $3 from $4. Previously, Maxim Group started tracking the stock with Buy rating on February 04, 2022, and set its price target to $14. On December 08, 2021, Cowen reiterated its Outperform rating and revised its price target to $15 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $19 on November 02, 2021.
Arbe Robotics Ltd experienced fluctuations in its stock price throughout the past year between $1.39 and $2.57. Arbe Robotics Ltd [NASDAQ: ARBE] shares were valued at $2.10 at the most recent close of the market.
Analyzing the ARBE fundamentals
Trailing Twelve Months sales for Arbe Robotics Ltd [NASDAQ:ARBE] were 1.02M which represents -74.32% decline. Gross Profit Margin for this corporation currently stands at -0.75% with Operating Profit Margin at -48.15%, Pretax Profit Margin comes in at -45.68%, and Net Profit Margin reading is -45.68%. To continue investigating profitability, this company’s Return on Assets is posted at -0.84, Equity is -1.57 and Total Capital is -2.55. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.79.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.85 points at the first support level, and at 1.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.29, and for the 2nd resistance point, it is at 2.49.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Arbe Robotics Ltd [NASDAQ:ARBE] is 1.44. As well, the Quick Ratio is 1.44, while the Cash Ratio is 0.52. Considering the valuation of this stock, the price to sales ratio is 208.22, the price to book ratio is 9.54.
Transactions by insiders
Recent insider trading involved Flomenboim Karine Pinto, Officer, that happened on Dec 27 ’24 when 13127.0 shares were purchased. Officer, Machness Ram completed a deal on Dec 23 ’24 to buy 48000.0 shares. Meanwhile, Officer Barkan Gonen bought 11078.0 shares on Dec 06 ’24.
