With 8.07 million shares changed hands, the volume of the stock remained lighter than its average volume of 16.86 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $109.69 whereas the lowest price it dropped to was $106.5404. The 52-week range on ARM shows that it touched its highest point at $164.00 and its lowest point at $46.50 during that stretch. It currently has a 1-year price target of $116.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARM was up-trending over the past week, with a rise of 6.51%, but this was down by -16.60% over a month. Three-month performance surged to 47.71% while six-month performance rose 101.53%.
Float and Shares Shorts:
At present, 1.03 billion ARM shares are outstanding with a float of 1.02 billion shares on hand for trading. On 2024-04-15, short shares totaled 8.36 million, which was 81.0 higher than short shares on 1710460800. In addition to Mr. Rene Haas as the firm’s CEO & Director, Mr. Jason E. Child serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.07282 of ARM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, ARM reported revenue of $824000000.0 and operating income of $140000000.0. The EBITDA in the recently reported quarter was $188000000.0 and diluted EPS was $0.08.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
