The stock of iRobot Corporation (IRBT, Financial) recently experienced a significant fluctuation, plunging 5% to $8.07 per share. The trading volume reached 221,114 shares, with a turnover rate of 0.73% and a price amplitude of 4.82%.
According to the latest financial report, iRobot Corporation reported a revenue of $163 million but faced a net loss of $70.65 million, translating to an earnings per share (EPS) of -$2.41. The company's gross profit stood at $26.87 million, with a price-to-earnings (P/E) ratio of -1.11.
In terms of institutional ratings, of the two firms assessing the stock, 100% recommended holding, with no suggestions to buy or sell. Within the home appliances sector, where iRobot belongs, the overall growth is 0.20%.
Several related stocks showed notable performance, with Fgi Industries Ltd and Energy Focus, Inc. seeing significant gains, while Orion Energy Systems, Inc. and The Lovesac Company remained quite active with turnover rates of 0.96% and 0.75%, respectively.
iRobot Corporation, headquartered in the U.S., specializes in consumer robots designed for various household tasks, including cleaning, mapping, and navigation. These products are widely available through retail and online platforms, contributing to sales both domestically and globally.
