Arrival (NASDAQ:ARVL)’s stock price hit a new 52-week low on Friday . The company traded as low as $6.45 and last traded at $6.51, with a volume of 60303 shares traded. The stock had previously closed at $6.77.
ARVL has been the topic of a number of research reports. Berenberg Bank assumed coverage on Arrival in a research report on Wednesday, October 6th. They set a “buy” rating and a $17.00 target price on the stock. UBS Group assumed coverage on Arrival in a report on Thursday, December 2nd. They set a “neutral” rating for the company.
The company has a fifty day moving average of $9.14 and a 200-day moving average of $11.99.
Arrival Company Profile (NASDAQ:ARVL)
Arrival primarily focuses on the production of commercial electric vehicle vans and buses. It has operations in the United Kingdom, the United States, Germany, the Netherlands, Israel, Russia, and Luxembourg. The company was founded in 2015 and is based in Howald, Luxembourg.
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