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

Company Overview

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.

Key Stats

• Today's Range: $0.48 to $0.50
• 50-Day Range: $0.25 to $0.90
• 52-Week Range: $0.21 to $4.55
• Volume: 30,191 shs
• Average Volume: 2.71 million shs
• Market Capitalization: $12.77 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

ARB IOT Group Stock Analysis - MarketRank™

ARB IOT Group scored higher than 11% of companies evaluated by MarketBeat, and ranked 617th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for ARB IOT Group.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

ARB IOT Group has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.60% of the float of ARB IOT Group has been sold short.

Short Interest Ratio / Days to Cover

ARB IOT Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ARB IOT Group has recently increased by 41,735.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

ARB IOT Group does not currently pay a dividend.

Dividend Growth

ARB IOT Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.60% of the float of ARB IOT Group has been sold short.

Short Interest Ratio / Days to Cover

ARB IOT Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ARB IOT Group has recently increased by 41,735.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

ARB IOT Group has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

Search Interest

8 people have searched for ARBB on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.

MarketBeat Follows

1 people have added ARB IOT Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ARB IOT Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 14.79% of the stock of ARB IOT Group is held by institutions.

ARBB Stock Analysis - Frequently Asked Questions

How have ARBB shares performed this year?

ARB IOT Group's stock was trading at $2.55 at the beginning of the year. Since then, ARBB shares have decreased by 80.9% and is now trading at $0.4870.
View the best growth stocks for 2024 here.

When did ARB IOT Group IPO?

ARB IOT Group (ARBB) raised $6 million in an IPO on Wednesday, April 5th 2023. The company issued 1,300,000 shares at a price of $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.

What other stocks do shareholders of ARB IOT Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ARB IOT Group investors own include Pacific Biosciences of California (PACB), Tilray (TLRY), Akanda (AKAN), Editas Medicine (EDIT), Faraday Future Intelligent Electric (FFIE), Recursion Pharmaceuticals (RXRX) and Aridis Pharmaceuticals (ARDS).

Company Calendar

• Today: 11/20/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer integrated systems design
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:ARBB
• CUSIP: N/A
• CIK: 1930179
• Web: www.arbiotgroup.com
• Phone: 60-3-2276-1143
• Fax: N/A
• Employees: 53
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 44.57
• Quick Ratio: 44.57

Sales & Book Value

• Annual Sales: $58.19 million
• Price / Sales: 0.23
• Cash Flow: $0.01 per share
• Price / Cash Flow: 37.88
• Book Value: $2.12 per share
• Price / Book: 0.24

Miscellaneous

• Outstanding Shares: 26,438,000
• Free Float: N/A
• Market Cap: $13.30 million
• Optionable: Not Optionable
• Beta: 2.25