Arbe Robotics (NASDAQ:ARBEW) Trading Down 2.6% – Here’s Why

Arbe Robotics Ltd. (NASDAQ:ARBEWGet Free Report)’s share price dropped 2.6% on Monday . The stock traded as low as $0.23 and last traded at $0.27. Approximately 5,611 shares traded hands during trading, a decline of 86% from the average daily volume of 40,621 shares. The stock had previously closed at $0.28.

Arbe Robotics Stock Performance

The firm has a 50-day moving average price of $0.43 and a 200-day moving average price of $0.30.

Arbe Robotics Company Profile

(Get Free Report)

Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in China, Hong Kong, Sweden, Germany, the United States, Israel, and internationally. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, operation at poor lighting conditions, and eliminating false alarms without radar ambiguities.

Featured Articles

Receive News & Ratings for Arbe Robotics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arbe Robotics and related companies with MarketBeat.com's FREE daily email newsletter.