Irobot Corporation (IRBT, Financial) experienced a significant stock movement with a sharp 5.00% decrease in its share price. The stock is now at $6.56 per share, with a trading volume of 692,769 shares, reflecting a turnover rate of 2.27% and a price fluctuation of 5.43%.
Recent financial reports show that Irobot Corporation has generated a revenue of $190 million with a net loss of $6.37 million. The earnings per share stand at -$0.21, and the gross profit is $61.79 million. The company's price-to-earnings ratio is -1.42.
In terms of institutional ratings, both participating firms have suggested holding the stock, with no recommendations for buying or selling. Within the home appliances industry, the overall growth rate is 0.33%. Related stocks such as Energy Focus, Inc., Viomi Technology, and Ethan Allen Interiors have seen notable increases.
Irobot Corporation, known for its consumer robotics, designs and manufactures robots to assist with home activities. The company's products, focused on consumer-friendly solutions including cleaning and navigation, are distributed through retail and online platforms worldwide.
