NASDAQ:ARBB

ARB IOT Group (ARBB) Stock Price, News & Analysis

$1.07
-0.01 (-0.93%)
(As of 04/26/2024 ET)
Today's Range
$1.01
$1.08
50-Day Range
$0.95
$2.52
52-Week Range
$0.70
$5.19
Volume
55,725 shs
Average Volume
348,681 shs
Market Capitalization
$28.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

ARB IOT Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
647.7% Upside
$8.00 Price Target
Short Interest
Healthy
0.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.63 out of 5 stars

Computer And Technology Sector

344th out of 594 stocks

Computer Integrated Systems Design Industry

14th out of 34 stocks

ARBB stock logo

About ARB IOT Group Stock (NASDAQ:ARBB)

ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It offers IoT smart home and building solutions, such as design, procurement, and provision of smart home products and devices; integration services; and electrical wire installation and home data network setup for homeowners, as well as provides smart building solutions, including design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solutions, and devices; and integration of automated systems for smart buildings, including installation of wire and wireless, and mechatronic works for property developers and contractors. The company offers IoT smart agriculture solutions, such as designing the layout of the smart farm for the application and integration of IoT in farming and hydroponics, which includes the procurement of sensors and surveillance cameras, as well as other hardware for farm; designing of software to enable transfer of data from the smart farm to a cloud server, which can then be accessed remotely through smart devices; installing, testing, and commissioning of the hardware and software; and after-sales services comprising data analytics and periodic maintenance services. In addition, it provides IoT system development solutions, including procuring, supplying, and delivering industrial building systems for construction projects; and IoT gadget distribution solutions comprising supply chain and distribution of smart phones, accessories, and ICT and IoT products, as well as provides shipping tracking and status updates, customer care line, online chat support, digital marketing, pre-installation, and warranty services. The company was incorporated in 2022 and is based in Kuala Lumpur, Malaysia. ARB IOT Group Limited is a subsidiary of ARB Berhad.

ARBB Stock Price History

ARBB Stock News Headlines

ARB IOT Group Ltd
ARB IOT Group Rally Continues
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
ARB IOT Group Limited (ARBB)
ARBB ARB IOT Group Limited
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
ARB IOT Group Ltd ARBB
ARBB - ARB IOT Group Limited
ARB IOT Group Ltd (ARBB)
ARB IOT Group Ltd.
See More Headlines
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Company Calendar

Today
4/26/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Current Symbol
NASDAQ:ARBB
Fax
N/A
Employees
53
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+647.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$51.86 million
Cash Flow
$0.51 per share
Book Value
$2.58 per share

Miscellaneous

Free Float
N/A
Market Cap
$28.29 million
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Kok Leong Liew (Age 51)
    Chairman of the Board & CEO
  • Mr. Kok Wah Ng (Age 46)
    CFO & Director

ARBB Stock Analysis - Frequently Asked Questions

Should I buy or sell ARB IOT Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ARB IOT Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ARBB shares.
View ARBB analyst ratings
or view top-rated stocks.

What is ARB IOT Group's stock price target for 2024?

1 analysts have issued 12 month price objectives for ARB IOT Group's shares. Their ARBB share price targets range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 647.7% from the stock's current price.
View analysts price targets for ARBB
or view top-rated stocks among Wall Street analysts.

How have ARBB shares performed in 2024?

ARB IOT Group's stock was trading at $2.55 on January 1st, 2024. Since then, ARBB shares have decreased by 58.0% and is now trading at $1.07.
View the best growth stocks for 2024 here
.

Are investors shorting ARB IOT Group?

ARB IOT Group saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 27,800 shares, a decline of 19.9% from the March 31st total of 34,700 shares. Based on an average daily volume of 420,600 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company's stock are short sold.
View ARB IOT Group's Short Interest
.

When did ARB IOT Group IPO?

ARB IOT Group (ARBB) raised $6 million in an initial public offering on Wednesday, April 5th 2023. The company issued 1,300,000 shares at $4.00-$6.00 per share. Maxim Group LLC acted as the underwriter for the IPO.

How do I buy shares of ARB IOT Group?

Shares of ARBB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ARBB) was last updated on 4/27/2024 by MarketBeat.com Staff

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