Mobileye N.V. (NYSE:MBLY) has been downgraded from Overweight to Neutral in a report by Piper Jaffray today.
- Updated: March 20, 2017
Boasting a price of $60.51, Mobileye N.V. (NYSE:MBLY) traded -0.38% lower on the day. The last stock close price is up 44.56% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same time period. The company has recorded a 50-day moving average of $47.34 and a two hundred day average of $41.86. Volume of trade was up over the average, with 12,652,128 shares of MBLY changing hands over the typical 5,925,470
Piper Jaffray has downgraded Mobileye N.V. (NYSE:MBLY) from Overweight to Neutral in a statement released on 3/20/2017.
Recent Performance Chart
Mobileye N.V. has price-earnings ratio of 131.54 with a one year low of $33.69 and a 52 week high of $61.51 and has a market cap of $0.
In addition to Piper Jaffray reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The average stock price target is $54.67 with 0 brokers rating the stock a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
More About Mobileye N.V. (NYSE:MBLY)
Mobileye N.V. is engaged in the development of computer vision and machine learning-based sensing, mapping and driving policy technology for advanced driver assistance systems and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing, which supplies the software algorithms and EyeQ chip, and After Market, which sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components. Its software algorithms and EyeQ chips 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 able to detect roadway markings; identify and read traffic signs, directional signs and traffic lights; create a Roadbook of localized drivable paths and visual landmarks using its road experience management technology, and provide mapping for autonomous driving.
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