IRobot Stock Impressive Jump On Monday, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with iRobot jumping 12.67% to $9.96 on Monday, after three sequential sessions in a row of gains. NASDAQ jumped 0.03% to $16,253.96, following the last session’s upward trend on what was a somewhat positive trend trading session today.

iRobot’s last close was $8.84, 82.83% below its 52-week high of $51.49.

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 Root robots for coding, discovery, and play; Roomba Combo mopping and vacuuming robot; and accessories, including robot vacuum and mop, handheld vacuum, and air purifier, educational coding robot, and accessory bundles. The company sells its products through chain stores and other national retailers, value- added 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 $-11.01.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4%.

Volume

Today’s last reported volume for iRobot is 3545350 which is 10.07% above its average volume of 3220760.

Revenue Growth

Year-on-year quarterly revenue growth declined by 14.1%, now sitting on 1.56B for the twelve trailing months.

Sales Growth

iRobot’s sales growth is negative 1% for the ongoing quarter and negative 29.9% 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).

More news about iRobot (IRBT).

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