With 3.32 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.53 million shares. The 52-week range on ARBB shows that it touched its highest point at $1.65 and its lowest point at $0.21 during that stretch. It currently has a 1-year price target of $3.00. Beta for the stock currently stands at 0.25.
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 ARBB was up-trending over the past week, with a rise of 43.92%, but this was up by 66.31% over a month. Three-month performance surged to 36.44% while six-month performance rose 182.42%. The stock lost -51.40% in the past year, while it has gained 52.27% so far this year.
Float and Shares Shorts:
At present, 26.44 million ARBB shares are outstanding with a float of 15.04 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARBB since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.08 being high and $0.08 being low. For ARBB, this leads to a yearly average estimate of $0.08. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
