iRobot Corporation (IRBT, Financial) stock experienced significant volatility, with its price plummeting by 5.29%. The stock is currently priced at $8.23 per share, with a trading volume of 529,643 shares and a turnover rate of 1.75%, showing an amplitude of 5.81%.
Recent financial reports reveal that iRobot Corporation generated $163 million in revenue but incurred a net loss of $70.65 million, resulting in an earnings per share (EPS) of -$2.41 and a gross profit of $26.87 million. The price-to-earnings (P/E) ratio stands at -1.13.
Institutional ratings show that both participating institutions advise holding the stock, with no recommendations to buy or sell. The furniture and household appliances sector, where iRobot Corporation operates, saw an overall decline of 1.29%.
Among its peers, Yunmi Technology, Energy Focus, Inc., and Patrick Industries, Inc. reported significant gains, while iRobot Corporation, Sleep Number Corporation, and The Lovesac Company were notably active, with turnover rates of 1.75%, 1.56%, and 0.97% respectively. Stocks with major amplitude include Fgi Industries Ltd., Yunmi Technology, and Kiwa Technologies, with amplitudes of 11.73%, 11.60%, and 9.76% respectively.
iRobot Corporation is a U.S.-based consumer robot company that designs and manufactures robots for various household activities. Its consumer robot lineup includes solutions for cleaning, navigation, and human-machine interaction. These products are available through retail and online channels, contributing to the company's revenue both domestically and internationally.
