Rocket Companies Inc (RKT) concluded trading on Wednesday at a closing price of $12.40, with 4.12 million shares of worth about $51.07 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.69% during that period and on January 29, 2025 the price saw a loss of about -4.76%. 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 3.77% in past 5 days and over the past one month there was a price change of 10.71%. Year-to-date (YTD), RKT shares are showing a performance of 10.12% which increased to 1.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.06 but also hit the highest price of $21.38 during that period. The average intraday trading volume for Rocket Companies Inc shares is 3.40 million. The stock is currently trading 8.33% above its 20-day simple moving average (SMA20), while that difference is up 0.27% for SMA50 and it goes to -17.74% lower than SMA200.
Rocket Companies Inc (NYSE: RKT) currently have 144.92M outstanding shares and institutions hold larger chunk of about 66.12% of that.
The stock has a current market capitalization of $24.73B and its 3Y-monthly beta is at 2.44. 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 4.69% while standing at 4.23% over the month.
Stock’s fiscal year EPS is expected to rise by 400.13% while it is estimated to increase by 148.90% 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 UBS on January 10, 2025 offering a Neutral rating for the stock and assigned a target price of $11.50 to it. Coverage by Keefe Bruyette stated Rocket Companies Inc (RKT) stock as an Underperform in their note to investors on December 10, 2024, suggesting a price target of $11.50 for the stock. On November 15, 2024, BofA Securities Upgrade their recommendations, while on November 05, 2024, Morgan Stanley Resumed their ratings for the stock with a price target of $18. Stock get a Mkt perform rating from Keefe Bruyette on August 05, 2024.
