Rocket Companies Inc (RKT): Insights At A Glance

Rocket Companies Inc (RKT) concluded trading on Thursday at a closing price of $13.87, with 5.41 million shares of worth about $75.04 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.93% during that period and on June 20, 2024 the price saw a loss of about -3.01%. Currently the company’s common shares owned by public are about 135.81M shares, out of which, 122.53M shares are available for trading.

Stock saw a price change of -6.85% in past 5 days and over the past one month there was a price change of -5.32%. Year-to-date (YTD), RKT shares are showing a performance of -4.21% which increased to 54.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.17 but also hit the highest price of $15.81 during that period. The average intraday trading volume for Rocket Companies Inc shares is 2.39 million. The stock is currently trading -2.73% below its 20-day simple moving average (SMA20), while that difference is up 2.86% for SMA50 and it goes to 20.55% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Rocket Companies Inc (NYSE: RKT) currently have 135.81M outstanding shares and institutions hold larger chunk of about 63.96% of that.

The stock has a current market capitalization of $1.93B and its 3Y-monthly beta is at 2.43. PE ratio of stock for trailing 12 months is 113.97, while it has posted earnings per share of $0.12 in the same period. It has a debt-to-equity ratio of 18.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RKT, volatility over the week remained 3.83% while standing at 3.68% over the month.

Stock’s fiscal year EPS is expected to rise by 517.11% while it is estimated to increase by 89.90% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on January 16, 2024 offering a Sell rating for the stock and assigned a target price range of between $9 and $10 to it. On January 04, 2024, JP Morgan Downgrade their recommendations, while on January 03, 2024, Wells Fargo Downgrade their ratings for the stock with a price target of $14. Stock get an Underperform rating from Keefe Bruyette on January 03, 2024.

Most Popular

Related Posts