Mobileye N.V. (MBLY) : During the past 4 weeks, traders have been relatively bearish on Mobileye N.V. (MBLY), hence the stock is down -6.13% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -10.02% relative to the S&P 500. The 4-week change in the price of the stock is -8.03% and the stock has fallen -9.54% in the past 1 week.
The stock has recorded a 20-day Moving Average of 9.52% and the 50-Day Moving Average is 8.87%.The 200 Day SMA reached 10% Mobileye N.V. is up 9.62% in the last 3-month period. Year-to-Date the stock performance stands at 1.56%.
Mobileye N.V. (MBLY) stock is expected to deviate a maximum of $11.17 from the average target price of $56.56 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $72 and the most muted being $30.
For the current week, the company shares have a recommendation consensus of Buy. Mobileye N.V. (NYSE:MBLY): stock was range-bound between the intraday low of $42.87 and the intraday high of $44.33 after having opened at $43.8 on Fridays session. The stock finally closed in the red at $43.8, a loss of -2.87%. The stock remained in the red for the whole trading day. The total traded volume was 3,930,788 shares. The stock failed to cross $44.33 in Fridays trading. The stocks closing price on Thursday was $42.94.
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.