Arteris Inc (AIP) stock is currently valued at $13.2. During the last session, the stock experienced a remarkable rise, reaching $16.0 after opening at $13.13. The stock briefly dropped to $9.0 before ultimately closing at $9.45.
The market performance of Arteris Inc’s stock has been harmonious in recent times.
52-week price history of AIP Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Arteris Inc’s current trading price is 4.43% away from its 52-week high, while its distance from the 52-week low is 141.76%. The stock’s price range during the 52-week period has remained between $5.46 and $12.64. In the Technology sector, the company’s shares saw a trading volume of around 17.94 million for the day, which was evidently higher than the average daily volume of 0.49 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Arteris Inc (AIP) has experienced a quarterly rise of 93.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 554.11M and boasts a workforce of 267 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.98, with a change in price of +5.81. Similarly, Arteris Inc recorded 543,017 in trading volume during the last 100 days, posting a change of +75.85%.
AIP Stock Stochastic Average
As of today, Arteris Inc’s raw stochastic average for the last 50 days stands at 88.94%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 85.17%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 43.11% and 39.94%, respectively.
AIP 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. Until today this year the stock’s price performance recorded an increase of 73.68%. However, over the last six months, the performance has been weaker by 27.29%. The price of AIP increased 42.09% over the last 30 days. And in the last five days, it has surged by 24.53%.