The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. ARB IOT Group Ltd’s current trading price is -70.42% away from its 52-week high, while its distance from the 52-week low is 131.49%. The stock’s price range for this period has been between $0.21 and $1.68 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.23 million for the day, a number notably higher than the average daily volume of 1.29 million over the last three months.
ARB IOT Group Ltd saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $1.68 on 03/11/24, while the lowest price for the same duration was marked at $0.21 on 09/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ARB IOT Group Ltd (ARBB) has experienced a quarterly rise of 8.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.14M and boasts a workforce of 13 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4927, with a change in price of +0.2350. Similarly, ARB IOT Group Ltd recorded 6,528,130 in trading volume during the last 100 days, posting a change of +88.68%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ARBB stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ARBB Stock Stochastic Average
As of today, ARB IOT Group Ltd’s raw stochastic average for the last 50 days stands at 27.10%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 21.81%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 45.35% and 43.94%, respectively.
ARBB Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 1.12% this year. Over the last six months, there has been a weaker performance of 71.38%. The price of ARBB leaped by -4.61% during the last 30 days period. For the last 5-days stocks have improved 9.71%.
