Arrival Shares Close the Week 28.0% Lower - Weekly Wrap
The company saw its shares close the week 28.0% lower than last week, with trading volume lower than its 30 day average.
Jun 09, 2023 by Kwhen Finance Editors
Arrival (ARVL) shares closed this week 28.0% lower than it did at the end of last week. The stock is currently down 66.4% year-to-date, down 96.9% over the past 12 months, and down 99.8% over the past five years. This week, the Dow Jones Industrial Average rose 2.4%, and the S&P 500 rose 1.7%.
Trading Activity
- Shares traded as high as $3.93 and as low as $2.59 this week.
- Trading volume this week was 21.7% higher than the 10-day average and 29.6% lower than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 2.1.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates an upward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Arrival | 2.9 | -66.4 | -96.9 | ||
| Dow Jones Industrial Average | 0.1 | 3.3 | 5.2 | -1.5 | 20.0 |
| S&P 500 Index | 0.2 | 12.6 | 6.1 | 0.1 | 24.5 |
| Technology Industry | -1.2 | -59.4 | -58.6 | -74.2 | 4.1 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 1415.7%
- The company's stock price performance over the past 12 months lags the peer average by 637.1%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Arrival | ARVL | 0 | -66.4 | -96.9 | ||
| Peer Avg | N/A | 0 | -4.4 | -13.1 | ||
| Procaps Group S.A | PROC | 0 | -17.5 | -52.6 | ||
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