Arbe Robotics Ltd. (NASDAQ:ARBE – Get Rating)’s stock price was up 2.3% on Thursday . The stock traded as high as $5.94 and last traded at $5.87. Approximately 10,066 shares changed hands during trading, a decline of 73% from the average daily volume of 37,211 shares. The stock had previously closed at $5.74.
Arbe Robotics Stock Performance
The company has a fifty day moving average price of $5.69 and a two-hundred day moving average price of $6.67.
Arbe Robotics (NASDAQ:ARBE – Get Rating) last posted its quarterly earnings data on Thursday, May 12th. The company reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.04. The company had revenue of $0.88 million during the quarter, compared to analyst estimates of $0.70 million. On average, research analysts anticipate that Arbe Robotics Ltd. will post -0.66 EPS for the current year.
Hedge Funds Weigh In On Arbe Robotics
Arbe Robotics Company Profile
Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in Israel and the United States. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, and eliminating false alarms without radar ambiguities.
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