At the last check on Thursday, Mobileye Global Inc.’s (NASDAQ:MBLY) stock was up $1.97, moving up 4.89 percent to $42.35. The average number of shares traded per day over the past five days has been 1,212,039 shares. 4 times new highs have been achieved over the past 5 days, with a $3.06 gain in that time frame. In the last twenty days, the average volume was 2,116,030, while in the previous 50 days, it was 2,544,598.
Since last month, MBLY stock retreated -1.71%. Shares of the company fell to $29.63 on 04/27/23, the lowest level in the past month. Since the beginning of this year, MBLY’s stock price has risen by 20.80% or $7.11, and marked a new high 9 times. However, the stock has declined by -11.97% since its 52-week high.
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MBLY stock investors should be aware that Mobileye Global Inc. (MBLY) stock had its last reported insider trading activity 209 days ago on Oct 28. Shashua Amnon, the CEO and President of the company, purchased of 476,191 shares for $21.00 on Oct 28. It resulted in a $10,000,011 investment by the insider. GELSINGER PATRICK P added 120,000 shares at an average price of $21.00 on Oct 28. The insider now owns 120,000 shares following the transaction. On Oct 28, Director Pambianchi Christine M bought 70,000 shares at $21.00 apiece. The transaction was valued at $1,470,000.
Financial Health
In the three months ended March 30, Mobileye Global Inc.’s quick ratio stood at 3.50, while its current ratio was 4.00, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 49.30% percent. In the year ended March 30, EBITDA margin amounted to 28.36%, whereas operating margins totaled -3.70%. Based on annual data, MBLY earned $922.0 million in gross profit and brought in $1.87 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.60%. Return on equity (ROE) for the past 12 months was -0.80%.
MBLY’s revenue rose 100.0% to $1.42 billion during the quarter, while net income inched up to $458.0 million. While analysts expected Mobileye Global Inc. to report $0.12 quarterly earnings, the actual figure was $0.14 per share, beating the consensus estimate by 16.70%. During the quarter, the company generated $59.0 million in EBITDA. The liabilities of Mobileye Global Inc. were 675.0 million at the end of its most recent quarter ended March 30, and its total debt was $44.0 million. The value of shareholders’ equity is $51.91 million.
Technical Picture
This quick technical analysis looks at Mobileye Global Inc.’s (MBLY) price momentum. With a historical volatility rate of 33.70%, the RSI 9-day stood at 63.60% on 24 May.
With respect to its five-day moving average, the current Mobileye Global Inc. price is up by +7.84% percent or $3.06. At present, MBLY shares trade +16.70% above its 20-day simple moving average and +20.29% percent above its 100-day simple moving average. However, the stock is currently trading approximately +3.04% above its SMA50.
Stochastic coefficient K was 76.02% and Stochastic coefficient D was 75.20%, while ATR was 1.83. Given the Stochastic reading of 90.07% for the 14-day period, the RSI (14) reading has been calculated as 57.51%. As of today, the MACD Oscillator reading stands at 1.11, while the 14-day reading stands at 1.27.