Arbe Robotics Ltd. (NASDAQ:ARBEW – Get Free Report) was down 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 Down 21.1 %
The business’s fifty day moving average is $0.43 and its two-hundred day moving average is $0.30.
Arbe Robotics Company Profile
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.
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