At the time of writing, Arbe Robotics Ltd [ARBE] stock is trading at $3.74, up 9.36%. 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 83.33% over the last week, with a monthly amount glided 112.50%, 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.
For the past year, the stock price of Arbe Robotics Ltd fluctuated between $1.39 and $5.09. Arbe Robotics Ltd [NASDAQ: ARBE] shares were valued at $3.74 at the most recent close of the market.
Analyzing the ARBE fundamentals
According to Arbe Robotics Ltd [NASDAQ:ARBE], the company’s sales were 1.02M for trailing twelve months, which represents an -74.32% plunge. 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 3.30 points at the first support level, and at 2.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.09, and for the 2nd resistance point, it is at 4.43.
Ratios To Look Out For
It is important to note that Arbe Robotics Ltd [NASDAQ:ARBE] has a current ratio of 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 349.79, the price to book ratio is 16.99.
Transactions by insiders
Recent insider trading involved Canaan Partners Israel (CPI) C, 10% Owner, that happened on Jan 07 ’25 when 36186.0 shares were purchased. Officer, Machness Ram completed a deal on Jan 06 ’25 to buy 79209.0 shares. Meanwhile, Officer Naeh Shay bought 63649.0 shares on Jan 06 ’25.
