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NASDAQ:ARBB

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

ARB IOT Group logo
$0.48
-0.02 (-4.00%)
(As of 11/1/2024 ET)

About ARB IOT Group Stock (NASDAQ:ARBB)

Key Stats

Today's Range
$0.48
$0.51
50-Day Range
$0.25
$0.68
52-Week Range
$0.21
$4.55
Volume
197,665 shs
Average Volume
1.70 million shs
Market Capitalization
$12.70 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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.

ARB IOT Group Stock Analysis - MarketRank™

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7th Percentile Overall Score

ARBB MarketRank™: 

ARB IOT Group scored higher than 7% of companies evaluated by MarketBeat, and ranked 647th out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Book Value per Share Ratio

    ARB IOT Group has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.01% 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, 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 250.00%, indicating that investor sentiment is decreasing significantly.
  • 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.

  • Percentage of Shares Shorted

    0.01% 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, 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 250.00%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    ARB IOT Group has a news sentiment score of -1.00. 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 is a lower news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.
  • Search Interest

    2 people have searched for ARBB on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

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

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ARBB Stock Analysis - Frequently Asked Questions

ARB IOT Group's stock was trading at $2.55 at the start of the year. Since then, ARBB stock has decreased by 81.2% and is now trading at $0.4803.
View the best growth stocks for 2024 here
.

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.

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.

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
11/02/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

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

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$51.86 million
Cash Flow
$0.55 per share
Book Value
$2.58 per share

Miscellaneous

Free Float
N/A
Market Cap
$12.70 million
Optionable
Not Optionable
Beta
3.47
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This page (NASDAQ:ARBB) was last updated on 11/2/2024 by MarketBeat.com Staff
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