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Wednesday, March 22, 2023

Arbe Robotics Ltd. (NASDAQ: ARBE) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Arbe Robotics Ltd. (ARBE) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $3.55. The Arbe Robotics Ltd. has recorded 5,741 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Arbe to Participate at the 35th Annual ROTH Conference.


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Stocks Info

Arbe Robotics Ltd. is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Infrastructure industry. At the end of the last regular session, the stock closed at $3.55 and fluctuated between $3.9200 as its day high and $3.5500 as its day low. The current market capitalization of Arbe Robotics Ltd. is $230.61M. A total of 0.5 million shares were traded on the day, compared to an average of 1.05M shares.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ARBE in the last 3 months, the mean price target is $7.80 with high estimates of $9.00 and low estimates of $7.00. In terms of 52-week highs and lows, ARBE has a high of $9.03 and a low of $2.89.

As of this writing, ARBE has an earnings estimate of -$0.14 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.13 per share and a lower estimate of -$0.16. The company reported an EPS of -$0.18 in the last quarter, which was -12.50% lower than expectations of -$0.16.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARBE is Overweight with a score of 5.00. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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