Arbe Robotics Ltd (NASDAQ:ARBE) price on current trading day, rose 1.49% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.36.
A look at the stock’s price movement, the close in the last trading session was $1.34, moving within a range at $1.31 and $1.39. The beta value (5-Year monthly) was 0.119. Turning to its 52-week performance, $5.09 and $1.12 were the 52-week high and 52-week low respectively. Overall, ARBE moved -47.29% over the past month.
Arbe Robotics Ltd’s market cap currently stands at around $129.74 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-04.
Analysts have a consensus estimate of 100k for the company’s revenue for the quarter, with a low and high estimate of 100k and 100k respectively. The average forecast suggests down to a -27.01% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.75M, representing a 388.28% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ARBE is a 100% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
ARBE’s current price about -13.76% and -42.39% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.88, while 7-day volatility ratio is 8.25% and 9.27% in the 30-day chart. Further, Arbe Robotics Ltd (ARBE) has a beta value of 0.27, and an average true range (ATR) of 0.19.
If we refocus on Arbe Robotics Ltd (NASDAQ:ARBE), historical trading data shows that trading volumes averaged 3.41 over the past 10 days and 10.65 million over the past 3 months. The company’s latest data on shares outstanding shows there are 95.40 million shares.
The 30.68% of Arbe Robotics Ltd’s shares are in the hands of company insiders while institutional holders own 25.73% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.88 million on 2025-02-28, giving us a short ratio of 0.92. The data shows that as of 2025-02-28 short interest in Arbe Robotics Ltd (ARBE) stood at 842.0 of shares outstanding, with shares short rising to 3.01 million registered in 2025-01-31. Current price change has pushed the stock -26.88% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ARBE stock continues to rise going into the next quarter.
