Rocket Companies Inc (RKT) concluded trading on Wednesday at a closing price of $11.58, with 6.16 million shares of worth about $71.29 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.51% during that period and on December 18, 2024 the price saw a loss of about -4.53%. Currently the company’s common shares owned by public are about 144.92M shares, out of which, 135.07M shares are available for trading.
Stock saw a price change of -9.32% in past 5 days and over the past one month there was a price change of -13.78%. Year-to-date (YTD), RKT shares are showing a performance of -20.03% which decreased to -17.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.87 but also hit the highest price of $21.38 during that period. The average intraday trading volume for Rocket Companies Inc shares is 3.34 million. The stock is currently trading -13.19% below its 20-day simple moving average (SMA20), while that difference is down -23.14% for SMA50 and it goes to -24.31% lower than SMA200.
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Rocket Companies Inc (NYSE: RKT) currently have 144.92M outstanding shares and institutions hold larger chunk of about 66.32% of that.
The stock has a current market capitalization of $23.10B and its 3Y-monthly beta is at 2.39. It has posted earnings per share of -$0.15 in the same period. It has a debt-to-equity ratio of 23.44. 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 4.98% while standing at 3.80% over the month.
Stock’s fiscal year EPS is expected to rise by 406.11% while it is estimated to increase by 178.78% 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 Keefe Bruyette on December 10, 2024 offering an Underperform rating for the stock and assigned a target price range of between $16 and $11.50 to it. Coverage by BofA Securities stated Rocket Companies Inc (RKT) stock as a Neutral in their note to investors on November 15, 2024, suggesting a price target of $15 for the stock. Stock get a Sell rating from Citigroup on January 16, 2024.
