ARB IOT Group Ltd (NASDAQ:ARBB) currently has a daily average trading volume of 5.22M but it saw 227383008 shares traded in last market. With a market cap of 21.51M USD, the company’s current market price of $0.81 came rising about 44.09 while comparing to the previous closing price of $0.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.55 and as low as $0.21. In the recent trading on the day, stock has struck highest price mark of $0.704 while lowest mark touched by it was $1.12.
Taking a look at 20-day trading activity of ARB IOT Group Ltd (ARBB) gives us an average price of $0.4327, while its current price level is -82.12% below from 52-week high level whereas it is 278.85% 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 $0.3384 while that of 200 days or SMA-200 reads an average of $0.7993. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.64% during that period while stretching the period over a month that decreases to 21.66%. 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 74.93 which implies that the stock is in overbought territory.
Over the week, ARBB’s stock price is moving 74.14% up while it is 211.65% when we observe its performance for the past one month. Year-to-date it is -68.10% down and over the past year, the stock is showing a downside performance of -14.38%.
Currently, ARB IOT Group Ltd’s total number of outstanding shares is 26.44M. Stock’s beta reads 2.26.
