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BABA   69.64 (-1.39%)
T   16.08 (-0.99%)
F   12.10 (-1.06%)
MU   119.27 (-1.73%)
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CGC   6.77 (-3.01%)
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NASDAQ:ARBB

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

$1.02
-0.04 (-3.76%)
(As of 10:08 AM ET)
Today's Range
$1.00
$1.04
50-Day Range
$1.06
$2.59
52-Week Range
$0.70
$5.40
Volume
19,436 shs
Average Volume
372,417 shs
Market Capitalization
$26.97 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
654.7% Upside
$8.00 Price Target
Short Interest
Healthy
0.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.56mentions of ARB IOT Group in the last 14 days
Based on 3 Articles This Week
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.

1.53 out of 5 stars

Computer And Technology Sector

488th out of 591 stocks

Computer Integrated Systems Design Industry

26th out of 35 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
“Forget Tesla, this is Elon’s Next Big Thing”
According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.
ARB IOT Group Rally Continues
ARB IOT Group Limited (ARBB)
ARBB ARB IOT Group Limited
“Forget Tesla, this is Elon’s Next Big Thing”
According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.
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
4/15/2024
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
+654.7%
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
$28.03 million
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Kok Leong Liew (Age 50)
    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 equities 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 equities 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 Wall Street research analysts have issued 1-year price objectives for ARB IOT Group's stock. Their ARBB share price targets range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 654.7% 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 at the beginning of the year. Since then, ARBB shares have decreased by 58.4% and is now trading at $1.06.
View the best growth stocks for 2024 here
.

Are investors shorting ARB IOT Group?

ARB IOT Group saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 34,700 shares, an increase of 11.2% from the March 15th total of 31,200 shares. Based on an average trading volume of 409,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the shares of the company 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 (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 served 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 4/16/2024 by MarketBeat.com Staff

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