IRobot Stock Bullish Momentum With A 21% Jump In The Last 10 Sessions

(VIANEWS) – Shares of iRobot (NASDAQ: IRBT) rose by a staggering 21.3% in 10 sessions from $32.72 at 2023-05-18, to $39.69 at 14:54 EST on Friday, after three consecutive sessions in a row of gains. NASDAQ is jumping 0.93% to $13,223.43, following the last session’s upward trend.

iRobot’s last close was $38.73, 35.72% under its 52-week high of $60.25.

About iRobot

iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services. It also provides H1 Handheld Vacuum, a portable vacuum; H1 Handheld Vacuum accessories comprising filters, chargers, batteries, and an extension kit that converts the H1 Handheld Vacuum into a stick vacuum; air purifiers under the Aeris brand; Root robots to help children learn how to code; and Create 3, a mobile robot platform that offers an opportunity for educators, developers, and high-school and college students to program behaviors, sounds, movements, and add additional electronics, as well as sells filters and fabric covers. The company sells its products through chain stores and other national retailers, distributors, and resellers, as well as through its website and app, and e-commerce websites. iRobot Corporation was incorporated in 1990 and is headquartered in Bedford, Massachusetts.

Earnings Per Share

As for profitability, iRobot has a trailing twelve months EPS of $-13.49.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -61.8%.

Sales Growth

iRobot’s sales growth is negative 11% for the present quarter and negative 3.7% for the next.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, iRobot’s stock is considered to be oversold (<=20).

Yearly Top and Bottom Value

iRobot’s stock is valued at $39.69 at 14:54 EST, way below its 52-week high of $60.25 and way higher than its 52-week low of $31.37.

Earnings Before Interest, Taxes, Depreciation, and Amortization

iRobot’s EBITDA is 0.81.

More news about iRobot (IRBT).

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