A strong performer from today's afternoon trading session is Mobileye, whose shares rose 5.7% to $32.24 per share. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.
Mobileye Global Inc. engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company belongs to the Consumer Cyclical sector, which has an average price to earnings (P/E) ratio of 24.11. In contrast, Mobileye has a trailing 12 month P/E ratio of None based on its earnings per share of $None.
Mobileye has moved 7.9% over the last year compared to -16.2% for the S&P 500 -- a difference of 24.1%. Mobileye has a 52 week high of $33.95 and a 52 week low of $24.85.
Unfortunately, the information we need to make a preliminary judgment of the company's value is missing. Usually we would look at the company's price to earnings (P/E) and price to book (P/B) ratios to get a sense of whether the market is undervaluing the company's profits and assets. With no such information currently available, value investors may want to wait on the sidelines.
