Stock Traders Purchase High Volume of Mobileye NV Call Options (MBLY)
Shares of Mobileye NV (NASDAQ:MBLY) were the recipient of some unusual options trading on Wednesday. Investors acquired 6,174 call options on the stock, Analyst Ratings.Net reports. This represents an increase of approximately 827% compared to the average daily volume of 666 call options.
A number of research firms have recently commented on MBLY. Analysts at Citigroup Inc. initiated coverage on shares of Mobileye NV in a research note on Tuesday. They set a “buy” rating and a $48.00 price target on the stock. Separately, analysts at Raymond James initiated coverage on shares of Mobileye NV in a research note on Tuesday. They set an “outperform” rating and a $46.00 price target on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of Mobileye NV in a research note on Tuesday. They set a “neutral” rating and a $45.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $45.44.
Mobileye NV (NASDAQ:MBLY) traded up 9.22% during mid-day trading on Wednesday, hitting $45.25. The stock had a trading volume of 9,746,988 shares. Mobileye NV has a 52-week low of $31.11 and a 52-week high of $41.98. The stock has a 50-day moving average of $35.58 and a 200-day moving average of $35.58. The company’s market cap is $1.451 billion.
Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (NASDAQ:MBLY).
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