Mobileye N.V. (MBLY) : Wednesdays money flow data in Mobileye N.V. (MBLY) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $7.82 million, whereas, $6.6 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.18, in favor of the bulls. The total money flow into the stock was $1.22 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $2.1 million. The total value of block trades done on upticks was $2.85 million. The value of bearish trades on downticks was only $0.75 million.The up/down ratio in the block trades was a healthy 3.82 in favor of the bulls, suggesting strong buying in the stock by large traders. Mobileye N.V. (MBLY) fell $0.14 and traded at $41.18, down -0.34% for the day, over previous days close. On a weekly basis, the shares are -3.94% over the previous weeks close.
Mobileye N.V. has lost 1.76% in the last five trading days and dropped 11.83% in the last 4 weeks. Mobileye N.V. is up 0.91% in the last 3-month period. Year-to-Date the stock performance stands at 0.14%.
Mobileye N.V. (MBLY) : Zacks Investment Research ranks Mobileye N.V. (MBLY) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 4 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 1.57, which indicates as a Buy.
Mobileye N.V. (NYSE:MBLY): The stock opened at $41.41 and touched an intraday high of $42.43 on Wednesday. During the day, the stock corrected to an intraday low of $41.01, however, the bulls stepped in and pushed the price higher to close in the green at $42.34 with a gain of 2.47% for the day. The total traded volume for the day was 2,821,525. The stock had closed at $41.32 in the previous trading session.
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.