iRobot Corp. (NASDAQ: IRBT) negotiated the trading capacity of 532301 shares and observing the average volume of last three months the stock traded 836.94K shares. The Stock has market cap of $2135.85M and relative volume of 0.64. Share of iRobot Corporation (IRBT) have caught the attention of the Wall Street community. The stock price is settled at $74.42 after trading hours. Taking a look at the daily price change trend and size of price movement it is recorded that IRBT spotted a negative behavior with drift of -1.98%.
iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today reportedd the addition of Ruey-Bin Kao, former chief executive officer, Greater China at Telstra Corporation Ltd., to its board of directors. Kao has more than 30 years of expertise in technology, telecommunication, corporate governance, and consumer business.
Dr. Kao has held senior leadership roles, driving revenue growth and profitability, with numerous global companies including Telstra, Applied Materials, Hewlett-Packard, Motorola, Inc. and AT&T Bell Laboratories. Dr. Kao currently serves on the board of Want Want China Holdings Ltd. and previously served as a board member for Autohome, Inc. from 2014 to 2016. In addition to his public board experience, Kao served as a non-executive board member of Shenhua Group Corporation Ltd., now known as China Energy Investment Corporation Ltd., from 2006 to 2012 and has served on the board of China National Travel Services Group Corporation Ltd. since 2012. While most recently at Telstra, Dr. Kao’s management responsibilities included building strategic partnerships to enhance the brand, as well as developing and executing an effective growth strategy by identifying areas of potential in the rapidly evolving Greater China market.
Colin Angle, chairman and CEO of iRobot said “Ruey-Bin’s rich background in consumer technology and connected devices, cross-cultural management skills and diverse board experience will be integral in establishing iRobot globally in the connected space”. “Ruey-Bin brings valuable insights to our team, and we are delighted to welcome him to the board.”
The stock dispatched 9.93% performance during the quarter and performance arrived at -6.08% over the last six months. In the last month, the price performed 19.28%. Shares are now at -26.46% over the past year and year to date performance pointed at -2.97%. Contracting the focus on performance, delivered a move of -5.88% over the last week.
The stock has a beta of 1.21 compared to a beta of 1 for the market, which implies that the stock’s price movements are more extreme than the market as a whole. The stock therefore has above average level of market risk. During the past week, the stock’s average weekly volatility was 3.22% and 3.68% volatility over the past 30 days.
Wall Street Analysts suggested rating of 2.4. This rating is on a scale of 1 to 5. A rating of a 1 or a 2 would signify a mean Buy view. A rating of 4 or 5 would specify a mean Sell opinion. A rating of 3 would show a mean Hold recommendation. Captivating a peek at sell-side analyst insights, we can understand that the recent mean target price for the company is $75.43.