Mobileye N.V. (MBLY) has been under a strong bear grip, hence the stock is down -0.08% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.99% in the past 1 week. The stock has risen by 2.31% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.29% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.62% and the fifty day Moving Average is 4.75%. Mobileye N.V. is up 27.12% in the last three month period. Year-to-Date the stock performance stands at 12.98%.
Mobileye N.V. (MBLY) : 9 Wall Street analysts covering Mobileye N.V. (MBLY) believe that the average level the stock could reach for the short term is $56.56. The maximum price target given is $72 and the minimum target for short term is around $30, hence the standard deviation is calculated at $11.17.
Mobileye N.V. (NYSE:MBLY): On Fridays trading session , Opening price of the stock was $48.48 with an intraday high of $48.51. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $47.38. However, the stock managed to close at $47.77, a loss of 1.24% for the day. On the previous day, the stock had closed at $48.37. The total traded volume of the day was 3,005,425 shares.
Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (ADAS). The Companys software algorithms and EyeQ system on a chip (SOC) perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. Its products are also able to detect roadway markings such as lanes, road boundaries, barriers and similar items, as well as to identify and read traffic signs and traffic lights. It operates in two segments: the original equipment manufacturer segment and the AM segment. The OEM segment supplies the software algorithms and EyeQ chip that are the core technology of the complete ADAS to the Tier 1 companies that are the system integrators for the automotive industry. In the AM segment, it sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.