Rocket Companies Inc (RKT) concluded trading on Wednesday at a closing price of $19.91, with 3.1 million shares of worth about $61.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 81.00% during that period and on August 21, 2024 the price saw a gain of about 3.16%. Currently the company’s common shares owned by public are about 135.81M shares, out of which, 121.13M shares are available for trading.
Stock saw a price change of 4.46% in past 5 days and over the past one month there was a price change of 31.42%. Year-to-date (YTD), RKT shares are showing a performance of 37.50% which increased to 94.43% 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 $19.59 during that period. The average intraday trading volume for Rocket Companies Inc shares is 2.84 million. The stock is currently trading 14.68% above its 20-day simple moving average (SMA20), while that difference is up 28.61% for SMA50 and it goes to 52.51% higher than SMA200.
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Rocket Companies Inc (NYSE: RKT) currently have 135.81M outstanding shares and institutions hold larger chunk of about 67.48% of that.
The stock has a current market capitalization of $2.80B and its 3Y-monthly beta is at 2.43. PE ratio of stock for trailing 12 months is 255.91, while it has posted earnings per share of $0.08 in the same period. It has a debt-to-equity ratio of 20.54. 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 3.61% while standing at 5.93% over the month.
Stock’s fiscal year EPS is expected to rise by 501.17% while it is estimated to increase by 103.71% in next year.
Coverage by Citigroup stated Rocket Companies Inc (RKT) stock as a Sell in their note to investors on January 16, 2024, suggesting a price target of $10 for the stock. On January 10, 2024, Deutsche Bank Initiated their recommendations, while on January 04, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $10.50. Stock get an Equal weight rating from Wells Fargo on January 03, 2024.
