ARB IOT Group Ltd (NASDAQ:ARBB) currently has a daily average trading volume of 3.64M but it saw 3496390 shares traded in last market. With a market cap of 21.68M USD, the company’s current market price of $0.82 came rising about 14.05 while comparing to the previous closing price of $0.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.49 and as low as $0.21. In the recent trading on the day, stock has struck highest price mark of $0.705 while lowest mark touched by it was $0.8291.
Taking a look at 20-day trading activity of ARB IOT Group Ltd (ARBB) gives us an average price of $0.6694, while its current price level is -44.97% below from 52-week high level whereas it is 281.93% 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 $0.5731 while that of 200 days or SMA-200 reads an average of $0.4794. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.60% during that period while stretching the period over a month that increases to 19.88%. 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 59.84 which implies that the stock is in neutral territory.
Over the week, ARBB’s stock price is moving 12.59% up while it is 73.51% when we observe its performance for the past one month. Year-to-date it is 66.84% up and over the past year, the stock is showing a downside performance of -40.97%.
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 0.39 while price to sale or P/S ratio amounts to 1.75. Its return on asset (ROA) is -16.52% on average.
