Mobileye Global Inc (NASDAQ:MBLY) price closed higher on current market day and jumping 0.06% above its previous close.
A look at the daily price movement shows that the last close reads $16.15. Taking into account the 52-week price action we note that the stock hit a 52-week high of $33.26 and 52-week low of $10.48. The stock subtracted -0.86% on its value in the past month.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 12 analysts have assigned MBLY a recommendation rating as follows: 0 rate it as a Hold; 11 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Mobileye Global Inc (MBLY) stock as Underweight, with 1 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that MBLY’s price is at present -0.68% off the SMA20 and 8.20% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 52.31, with weekly volatility standing at 2.84%. The indicator jumps to 2.70% when calculated based on the past 30 days. Mobileye Global Inc (NASDAQ:MBLY)’s beta value is holding at 0.47, while the average true range (ATR) indicator is currently reading 0.83. Considering analysts have assigned the stock a price target range of $14-$23 as the low and high respectively, we find the trailing 12-month average consensus price target to be $17.5. Based on this estimate, we see that current price is roughly 13.37% off the estimated low and -42.33% off the forecast high. Investors will no doubt be excited to see the share price fall to $17.5, which is the median consensus price, and at that level MBLY would be -8.29% from current price.
Current records show that the company has 100.50M in outstanding shares. The insiders’ percentage holdings are 88.40% of outstanding shares while the percentage share held by institutions stands at 13.49%. But the -18.88% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
