Mobileye Global Inc (NASDAQ:MBLY) shares, rose in value on Thursday, March 27, with the stock price down by -2.17% to the previous day’s close as strong demand from buyers drove the stock to $15.75.
Actively observing the price movement in the last trading, the stock closed the session at $16.10, falling within a range of $15.46 and $16.15. The value of beta (5-year monthly) was 0.272. Referring to stock’s 52-week performance, its high was $34.00, and the low was $10.48. On the whole, MBLY has fluctuated by -4.08% over the past month.
With the market capitalization of Mobileye Global Inc currently standing at about $12.78 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-29.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.76B, with a low estimate of 425M and a high estimate of 441M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 434.87M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MBLY’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 MBLY currently trading nearly 4.74% and -1.95% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.48, while the 7-day volatility ratio is showing 5.47% which for the 30-day chart, stands at 6.25%. Furthermore, Mobileye Global Inc (MBLY)’s beta value is 0.22, and its average true range (ATR) is 1.00.
A comparison of Mobileye Global Inc (MBLY) with its peers suggests the former has fared considerably weaker in the market. MBLY showed an intraday change of -2.17% in last session, and over the past year, it shrunk by -49.50%%.
Data on historical trading for Mobileye Global Inc (NASDAQ:MBLY) indicates that the trading volumes over the past 10 days have averaged 3.6 and over the past 3 months, they’ve averaged 5.63 million. According to company’s latest data on outstanding shares, there are 100.23 million shares outstanding.
Nearly 88.51% of Mobileye Global Inc’s shares belong to company insiders and institutional investors own 12.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 25.79 million shares as on 2025-03-14, resulting in a short ratio of 7.15. According to the data, the short interest in Mobileye Global Inc (MBLY) stood at 3560.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 25.55 million. The stock has fallen by -20.93% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MBLY stock heading into the next quarter.
