Mobileye NV (NASDAQ:MBLY) has been upgraded to Strong-Buy in a report by Vetr Inc. today.
- Updated: September 22, 2016
Just yesterday Mobileye NV (NASDAQ:MBLY) traded 0.60% higher at $43.36. Mobileye NV’s 50-day moving average is $46.44 and its 200-day moving average is $41.36. The last closing price is up 4.85% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,906,097 shares of MBLY traded hands, down from an average trading volume of 4,074,450
Vetr Inc. has upgraded Mobileye NV (NASDAQ:MBLY) to Strong-Buy in a report released on 9/22/2016.
Recent Performance Chart
Mobileye NV has 52 week low of $23.57 and a 52 week high of $52.00 with a PE ratio of 111.18 and has a market capitalization of $0.
In addition to Vetr Inc. reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $54.67 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Mobileye NV (NASDAQ:MBLY)
Mobileye N.V. is engaged in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems (ADAS) and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing (OEM) and aftermarket (AM). The Company's OEM segment supplies the software algorithms and EyeQ chip that are the technology of the ADAS to the Tier 1 companies, which are the system integrators for the automotive industry. In the AM segment, the Company sells system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components. The Company's 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. The Company's technology is available in approximately 220 car models from over 20 OEMs.
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