At the end of the latest market close, Arlo Technologies Inc. (ARLO) was valued at $5.47. In that particular session, Stock kicked-off at the price of $5.35 while reaching the peak value of $5.765 and lowest value recorded on the day was $5.32. The stock current value is $5.74.Recently in News on March 7, 2023, Arlo Reports Fourth Quarter and Full Year 2022 Results. Full year revenue of $490 million, growing 13% year over year. You can read further details here
Arlo Technologies Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.76 on 03/16/22, with the lowest value was $2.93 for the same time period, recorded on 11/09/22.
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Arlo Technologies Inc. (ARLO) full year performance was -37.06%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Arlo Technologies Inc. shares are logging -41.19% during the 52-week period from high price, and 95.90% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.93 and $9.76.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1370726 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Arlo Technologies Inc. (ARLO) recorded performance in the market was 63.53%, having the revenues showcasing 68.33% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 539.50M, as it employees total of 343 workers.
Specialists analysis on Arlo Technologies Inc. (ARLO)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.06, with a change in the price was noted +1.42. In a similar fashion, Arlo Technologies Inc. posted a movement of +32.87% for the period of last 100 days, recording 923,835 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ARLO is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: Arlo Technologies Inc. (ARLO)
Raw Stochastic average of Arlo Technologies Inc. in the period of last 50 days is set at 87.45%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 87.45%. In the last 20 days, the company’s Stochastic %K was 78.72% and its Stochastic %D was recorded 79.86%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 63.53%. Additionally, trading for the stock in the period of the last six months notably improved by 5.32%, alongside a downfall of -37.06% for the period of the last 12 months. The shares increased approximately by 7.09% in the 7-day charts and went down by 35.70% in the period of the last 30 days. Common stock shares were driven by 68.33% during last recorded quarter.