Major Brokerage Firms Issue Research Notes on Arrival (ARVL)


Arrival (NASDAQ:ARVL) saw a downside of -6.13% to close Monday at $0.43 after subtracting -$0.03 on the day. The 5-day average trading volume is 21,713,801 shares of the company’s common stock. It has gained $0.6500 in the past week and touched a new high 1 time within the past 5 days. An average of 22,794,189 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 15,637,084.

ARVL’s 1-month performance is 115.90% or $0.2693 on its low of $0.1411 reached on 12/28/22. The company’s shares have touched a 52-week low of $0.14 and high of $5.06, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, ARVL has achieved 170.72% or $0.2723 and has reached a new high 7 times. However, the current price is down -91.47% from the 52-week high price.

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Valuation Metrics

Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 0.24.

Arrival’s quick ratio for the period ended June 29 was 7.20, with the current ratio over the same period at 7.50. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.18, while the total debt to equity was 0.19.

Earnings Surprise

For the quarterly period ending June 29 this year, Analysts expected ARVL to announce -$0.11 per share in earnings in its latest quarter, but it posted -$0.12, representing a -9.10% surprise. ARVL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 255.31 million, with total debt at $381.77 million. Shareholders hold equity totaling $32.34 million.

Let’s look briefly at Arrival (ARVL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 56.88% to suggest the stock is trending Neutral, with historical volatility in this time period at 414.81%.

The stock’s 5-day moving average is $0.4733, reflecting a -31.96% or -$0.2028 change from its current price. ARVL is currently trading +130.42% above its 20-day SMA, -62.12% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +13.90% and SMA200 by-88.81%.

Stochastic %K and %D was 36.08% and 39.14% and the average true range (ATR) pointed at 0.1029. The RSI (14) points at 56.86%, while the 14-day stochastic is at 34.21% with the period’s ATR at 0.0881. The stock’s 9-day MACD Oscillator is pointing at -0.0153 and 0.0717 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Arrival (NASDAQ: ARVL), Berenberg launched coverage with a Buy rating. Analysts offering their rating for ARVL stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate ARVL as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.

What is ARVL’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $5.37 and a high of $5.37, with their median price target at $5.37. Looking at these predictions, the average price target given by analysts is for Arrival (ARVL) stock is $5.37.


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