Irobot Corp (NASDAQ:IRBT) shares traded -24.75% lower at $3.06 on Wall Street last session.
IRBT stock price is now -62.69% away from the 50-day moving average and -63.74% away from the 200-day moving average. The market capitalization of the company currently stands at $93.36M.
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With the price target reduced from $65 to $45, JP Morgan Downgraded its rating from Neutral to Underweight for Irobot Corp (NASDAQ: IRBT). On March 24, 2022, Northland Capital Upgraded its previous ‘Market Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $85, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, JULIE ZEILER, Officer bought 366 shares of the company’s stock on Dec 17 ’24. The stock was bought for $3,265 at an average price of $8.92. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 16 ’24, EVP, Chief Financial Officer ZEILER JULIE sold 451 shares of the business’s stock. A total of $3,288 was realized by selling the stock at an average price of $7.29. This leaves the insider owning 117,604 shares of the company worth $0.36 million. A total of 6.38% of the company’s stock is owned by insiders.
During the past 12 months, Irobot Corp has had a low of $3.63 and a high of $14.51. As of last week, the company has a debt-to-equity ratio of 1.43, a current ratio of 1.45, and a quick ratio of 0.94. The fifty day moving average price for IRBT is $8.188 and a two-hundred day moving average price translates $8.4265 for the stock.
The latest earnings results from Irobot Corp (NASDAQ: IRBT) was released for 2024-12-28. The net profit margin was -16.60% and return on equity was -65.50% for IRBT. The company reported revenue of $172.04 million for the quarter, compared to $307.54 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -44.06 percent.
