Irobot Corporation (IRBT, Financial) experienced a significant stock decline of 5.01%, with shares priced at $7.38. The trading volume reached 326,019 shares, with a turnover rate of 1.07% and a volatility of 8.11%. Recent financial reports show revenue of $190 million, a net loss of $6.37 million, and earnings per share of -$0.21. The company's gross profit stands at $61.79 million, with a price-to-earnings ratio of -1.60. Among the two institutions rating the stock, both recommend holding, with no buy or sell recommendations.
In the home appliances sector, where Irobot operates, the overall decline was 2.10%. Other active stocks in the sector include The Lovesac Company and Millerknoll, Inc., with notable turnover rates. Irobot is known for its consumer robots, which are sold through retail and online channels, offering solutions in cleaning, mapping, and navigation.
