Irobot Corporation (IRBT, Financial) experienced significant stock movement as the price shot up by 5.03%. The stock is currently trading at $8.35 per share with a trading volume of 520,986 shares and a turnover rate of 1.72%. The stock's price fluctuation is 8.18%.
Recent financial reports reveal that Irobot Corporation recorded a revenue of $163 million but suffered a net loss of $70.65 million, resulting in an earnings per share (EPS) of -$2.41. The gross profit stands at $26.87 million, and the company has a price-to-earnings (P/E) ratio of -1.14. In terms of analyst ratings, both rating entities have given a hold recommendation, with no buy or sell suggestions.
Within the household appliances industry, where Irobot operates, the overall sector declined by 1.98%. However, notable gainers included Novar Furniture, Irobot Corporation, and Orion Energy Systems, Inc. Noteworthy active stocks in the sector include Irobot Corporation with a turnover rate of 1.74%, Sleep Number Corporation at 0.95%, and Whirlpool at 0.71%. Stocks with significant price swings included Fgi Industries Ltd. at 14.19%, Northann Corp. at 9.14%, and Sleep Number Corporation at 9.01%.
Irobot Corporation, headquartered in the United States, specializes in consumer robots designed to assist with various activities both inside and outside the home. Their range of consumer robots focuses on cleaning, mapping, navigation, human-robot interaction, and physical solutions. These products are available through retail partners and online stores across the U.S. and internationally.
