Roku Inc (ROKU) concluded trading on Wednesday at a closing price of $66.85, with 3.31 million shares of worth about $221.13 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.93% during that period and on August 28, 2024 the price saw a loss of about -4.14%. Currently the company’s common shares owned by public are about 144.69M shares, out of which, 126.51M shares are available for trading.
However, the stock later moved at a day high price of 69.28, or with a loss of -4.14%. Stock saw a price change of 6.50% in past 5 days and over the past one month there was a price change of 16.38%. Year-to-date (YTD), ROKU shares are showing a performance of -27.07% which decreased to -12.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.33 but also hit the highest price of $108.84 during that period. The average intraday trading volume for Roku Inc shares is 3.50 million. The stock is currently trading 13.69% above its 20-day simple moving average (SMA20), while that difference is up 12.87% for SMA50 and it goes to -6.30% lower 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
Sponsored
Roku Inc (NASDAQ: ROKU) currently have 144.69M outstanding shares and institutions hold larger chunk of about 71.38% of that.
The stock has a current market capitalization of $9.67B and its 3Y-monthly beta is at 2.06. It has posted earnings per share of -$3.46 in the same period. It has Quick Ratio of 2.63 while making debt-to-equity ratio of 0.26. 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 4.66% while standing at 5.09% over the month.
Stock’s fiscal year EPS is expected to rise by 72.08% while it is estimated to increase by 29.58% 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 Guggenheim on August 23, 2024 offering a Buy rating for the stock and assigned a target price of $75 to it. Coverage by Jefferies stated Roku Inc (ROKU) stock as an Underperform in their note to investors on May 02, 2024, suggesting a price target of $50 for the stock. On April 29, 2024, Seaport Research Partners Upgrade their recommendations, while on February 27, 2024, Wells Fargo Downgrade their ratings for the stock with a price target of $51. Stock get a Neutral rating from Citigroup on February 21, 2024.
