Rocket Lab USA Inc (NASDAQ:RKLB) currently has a daily average trading volume of 12.97M but it saw 6824365 shares traded in last market. With a market cap of 4.66B USD, the company’s current market price of $9.39 came falling about -0.63 while comparing to the previous closing price of $9.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.29 and as low as $3.47. In the recent trading on the day, stock has struck highest price mark of $9.27 while lowest mark touched by it was $9.5287.
Taking a look at 20-day trading activity of Rocket Lab USA Inc (RKLB) gives us an average price of $8.58, while its current price level is -8.75% below from 52-week high level whereas it is 170.61% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $7.00 while that of 200 days or SMA-200 reads an average of $5.16. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.29% during that period while stretching the period over a month that increases to 7.27%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.62 which implies that the stock is in neutral territory.
Morgan Stanley downgraded its recommendation for the stock as a “Equal-Weight” from “Overweight” on July 15, 2024 while assigning a price target range of $8-$6.
Over the week, RKLB’s stock price is moving 1.51% up while it is 40.57% when we observe its performance for the past one month. Year-to-date it is 69.80% up and over the past year, the stock is showing an upside performance of 93.21%.
Currently, Rocket Lab USA Inc’s total number of outstanding shares is 488.92M. Company’s return on investment (ROI) stands at -19.28% and return on equity (ROE) at -33.19%. Stock’s beta reads 1.32. Stock has a price to book (P/B) ratio of 10.24 while price to sale or P/S ratio amounts to 14.28. Its return on asset (ROA) is -16.31% on average.
