Roku Inc (ROKU) concluded trading on Wednesday at a closing price of $57.16, with 4.39 million shares of worth about $251.15 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.42% during that period and on June 26, 2024 the price saw a gain of about 4.61%. Currently the company’s common shares owned by public are about 126.12M shares, out of which, 125.99M shares are available for trading.
Stock saw a price change of 8.81% in past 5 days and over the past one month there was a price change of 0.70%. Year-to-date (YTD), ROKU shares are showing a performance of -37.64% which decreased to -9.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $51.51 but also hit the highest price of $108.84 during that period. The average intraday trading volume for Roku Inc shares is 3.71 million. The stock is currently trading 1.93% above its 20-day simple moving average (SMA20), while that difference is down -1.50% for SMA50 and it goes to -22.33% lower than SMA200.
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Roku Inc (NASDAQ: ROKU) currently have 126.12M outstanding shares and institutions hold larger chunk of about 70.66% of that.
The stock has a current market capitalization of $8.24B and its 3Y-monthly beta is at 1.94. It has posted earnings per share of -$3.99 in the same period. It has Quick Ratio of 2.50 while making debt-to-equity ratio of 0.27. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ROKU, volatility over the week remained 3.82% while standing at 3.49% over the month.
Stock’s fiscal year EPS is expected to rise by 64.03% while it is estimated to increase by 36.67% in next year. EPS is likely to grow at an annualized rate of 43.00% for next 5-years, compared to annual growth of -126.17% made by the stock over the past 5-years.
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 Jefferies on May 02, 2024 offering an Underperform rating for the stock and assigned a target price of $50 to it. Coverage by Seaport Research Partners stated Roku Inc (ROKU) stock as a Buy in their note to investors on April 29, 2024, suggesting a price target of $74 for the stock. On February 27, 2024, Wells Fargo Downgrade their recommendations, while on February 21, 2024, Citigroup Reiterated their ratings for the stock with a price target of $75. Stock get a Hold rating from Pivotal Research Group on February 16, 2024.
