Mobileye Global Inc (NASDAQ:MBLY) currently has a daily average trading volume of 3.64M but it saw 28095217 shares traded in last market. With a market cap of 13.13B USD, the company’s current market price of $16.28 came falling about -22.48 while comparing to the previous closing price of $21.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.48 and as low as $19.65.
Taking a look at 20-day trading activity of Mobileye Global Inc (MBLY) gives us an average price of $24.19, while its current price level is -63.40% below from 52-week high level whereas it is -17.16% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $26.18 while that of 200 days or SMA-200 reads an average of $31.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.73% during that period while stretching the period over a month that decreases to 5.27%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 19.45 which implies that the stock is in oversold territory.
JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on July 31, 2024 while assigning a price target range of $38-$24. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $35 and $37.
Over the week, MBLY’s stock price is moving -22.77% down while it is -41.63% when we observe its performance for the past one month. Year-to-date it is -62.42% down and over the past year, the stock is showing a downside performance of -57.46%.
Currently, Mobileye Global Inc’s total number of outstanding shares is 94.65M. Company’s return on investment (ROI) stands at -1.12% and return on equity (ROE) at -1.12%. It has a 23.30 of forward P/E ratio. Stock’s beta reads 0.11. Stock has a price to book (P/B) ratio of 0.89 while price to sale or P/S ratio amounts to 7.06. Its return on asset (ROA) is -1.08% on average.
