ARB IOT Group Ltd (NASDAQ:ARBB) currently has a daily average trading volume of 3.08M but it saw 4217577 shares traded in last market. With a market cap of 20.33M USD, the company’s current market price of $0.77 came falling about -8.08 while comparing to the previous closing price of $0.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.65 and as low as $0.21.
Taking a look at 20-day trading activity of ARB IOT Group Ltd (ARBB) gives us an average price of $0.5092, while its current price level is -53.39% below from 52-week high level whereas it is 258.17% 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 $0.5125 while that of 200 days or SMA-200 reads an average of $0.4815. A closer look into the stock’s movement over the week reveals that its volatility is standing at 26.22% during that period while stretching the period over a month that decreases to 12.06%. 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 65.45 which implies that the stock is in neutral territory.
Over the week, ARBB’s stock price is moving 60.21% up while it is 62.54% when we observe its performance for the past one month. Year-to-date it is 56.46% up and over the past year, the stock is showing a downside performance of -51.94%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, ARB IOT Group Ltd’s total number of outstanding shares is 26.44M with 43.11% of that held by the insiders while 1.44% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -21.04% and return on equity (ROE) at -18.96%. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 0.36 while price to sale or P/S ratio amounts to 1.64. Its return on asset (ROA) is -16.52% on average.
