Arbe Robotics Ltd (NASDAQ:ARBE) shares, rose in value on Thursday, March 27, with the stock price down by -2.48% to the previous day’s close as strong demand from buyers drove the stock to $1.18.
Actively observing the price movement in the last trading, the stock closed the session at $1.21, falling within a range of $1.16 and $1.22. The value of beta (5-year monthly) was 0.119. Referring to stock’s 52-week performance, its high was $5.09, and the low was $1.12. On the whole, ARBE has fluctuated by -40.70% over the past month.
With the market capitalization of Arbe Robotics Ltd currently standing at about $112.57 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.75M, with a low estimate of 100k and a high estimate of 100k. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 100k.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ARBE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of ARBE currently trading nearly -10.98% and -43.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.66, while the 7-day volatility ratio is showing 6.26% which for the 30-day chart, stands at 8.75%. Furthermore, Arbe Robotics Ltd (ARBE)’s beta value is 0.27, and its average true range (ATR) is 0.15.
A comparison of Arbe Robotics Ltd (ARBE) with its peers suggests the former has fared considerably weaker in the market. ARBE showed an intraday change of -2.48% in last session, and over the past year, it shrunk by -44.86%%.
Data on historical trading for Arbe Robotics Ltd (NASDAQ:ARBE) indicates that the trading volumes over the past 10 days have averaged 2.81 and over the past 3 months, they’ve averaged 10.63 million. According to company’s latest data on outstanding shares, there are 95.40 million shares outstanding.
Nearly 30.68% of Arbe Robotics Ltd’s shares belong to company insiders and institutional investors own 25.73% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.94 million shares as on 2025-03-14, resulting in a short ratio of 1.62. According to the data, the short interest in Arbe Robotics Ltd (ARBE) stood at 994.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.71 million. The stock has fallen by -36.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ARBE stock heading into the next quarter.
