Arrival (NASDAQ:ARVL) currently has a daily average trading volume of 568.11K but it saw 1043431 shares traded on Thursday. With a market cap of 47.27M USD, stock’s current market price of $3.43 came falling about -6.03 while comparing to the previous closing price of $3.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $96.00 and as low as $1.62. In the recent trading on the day, stock has struck highest price mark of $4.1499 while lowest mark touched by it was $3.36.
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Taking a look at 20-day trading activity of Arrival (ARVL) gives us an average price of $2.39, while its current price level is -96.43% below from 52-week high level whereas it is 111.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.34 while that of 200 days or SMA-200 reads an average of $22.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 31.25% during that period while stretching the period over a month that decreases to 16.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.70 which implies that the stock is in neutral territory.
Arrival (ARVL)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $268.44 and $268.44 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $268.44 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $268.44. Average price target assigned by them is $268.44 which highlights an upside potential of 98.72% for the stock over that period. And to attain the median price target of $268.44 assigned by those analysts, stock has to add about 98.72% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.
Over the week, ARVL’s stock price is moving 49.78% up while it is 43.51% when we observe its performance for the past one month. Year-to-date it is -56.99% down and over the past year, the stock is showing a downside performance of -95.92%.
The latest quarterly earnings report issued by the company was for quarter ended 6/29/2022, when its quarterly earnings per share (EPS) of -$6 beaten by the consensus estimate of -$5.72 for the same. The company is expected to be releasing its next quarterly report in 08/10/2023, for which analysts forecasted an EPS of -$24.45 while estimate for next year EPS is -$37.2. For ARVL, analysts are forecasting an EPS-growth rate of -830.00% for current year and estimate for EPS growth in next year is 70.30%.
Currently, Arrival’s total number of outstanding shares is 12.77M with 44.99% of that held by the insiders while 6.88% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -19.30%. Stock has a price to book (P/B) ratio of 0.04. Its return on asset (ROA) is -14.10% on average.
