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 -41.21% away from its 52-week high, while its distance from the 52-week low is 351.79%. The stock’s price range for this period has been between $0.21 and $1.65 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 20.49 million for the day, a number notably higher than the average daily volume of 3.15 million over the last three months.
ARB IOT Group Ltd’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.65 on 03/11/24 and a low of $0.21 for the same time frame on 09/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ARB IOT Group Ltd (ARBB) has experienced a quarterly rise of 67.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.65M 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 0.5131, with a change in price of +0.7076. Similarly, ARB IOT Group Ltd recorded 7,797,245 in trading volume during the last 100 days, posting a change of +269.66%.
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
ARB IOT Group Ltd’s raw stochastic average for the past 50 days is presently 68.57%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 67.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 69.01% and 55.29%, respectively.
ARBB Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 97.36%. However, over the past six months, we’ve seen a weaker performance of 253.37%. The price of ARBB fallen by 107.62% over the last 30 days. And in the last five days, it has surged by 48.77%.
