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Arbe Opens an Office in Shanghai, China, Solidifying the Company's Presence in the Region
Globe Newswire (Wed, 20-Mar 4:01 PM ET)
ARBE TO PARTICIPATE AT THE 36th ANNUAL ROTH CONFERENCE
Globe Newswire (Thu, 14-Mar 8:00 AM ET)
Arbe Announces Q4 and Full Year 2023 Financial Results
PRNewswire (Thu, 7-Mar 7:00 AM ET)
Arbe to Announce Q4 & FY 2023 Financial Results and Hold a Conference Call on March 7, 2024
Globe Newswire (Thu, 15-Feb 8:00 AM ET)
PRNewswire (Thu, 25-Jan 8:00 AM ET)
Arbe Robotics Ltd is a provider of 4D Imaging Radar solutions enabling driver-assist systems while paving the way for fully autonomous driving. It is a research and development company in the field of chips for Advanced radar systems, which are mainly intended to be used as Advanced Driver Assistance Systems (ADAS) adapted for autonomous vehicles as well as for non-automotive uses. Its geographical segments include Sweden, China, Germany, USA, and others.
Arbe Robotics Ltd. - trades on the NASDAQ stock market under the symbol ARBE.
As of April 23, 2024, ARBE stock price declined to $1.82 with 75,067 million shares trading.
ARBE has a beta of 2.27, meaning it tends to be more sensitive to market movements. ARBE has a correlation of 0.19 to the broad based SPY ETF.
ARBE has a market cap of $141.06 million. This is considered a Micro Cap stock.
Last quarter Arbe Robotics Ltd. - reported $347,000 in Revenue and -$.10 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.03.
The top ETF exchange traded funds that ARBE belongs to (by Net Assets): VCAR.
ARBE has underperformed the market in the last year with a price return of -31.6% while the SPY ETF gained +24.3%. ARBE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.7% and -9.0%, respectively, while the SPY returned +4.9% and -2.5%, respectively.
ARBE support price is $1.75 and resistance is $1.91 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARBE stock will trade within this expected range on the day.