Rocket Lab USA Inc (NASDAQ:RKLB) currently has a daily average trading volume of 13.77M but it saw 10053181 shares traded in last market. With a market cap of 5.42B USD, the company’s current market price of $10.91 came falling about -2.24 while comparing to the previous closing price of $11.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.52 and as low as $3.47. In the recent trading on the day, stock has struck highest price mark of $10.6498 while lowest mark touched by it was $11.27.
Taking a look at 20-day trading activity of Rocket Lab USA Inc (RKLB) gives us an average price of $9.98, while its current price level is -5.29% below from 52-week high level whereas it is 214.41% 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 $8.02 while that of 200 days or SMA-200 reads an average of $5.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.40% during that period while stretching the period over a month that increases to 7.60%. 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 67.42 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 -2.50% down while it is 43.74% when we observe its performance for the past one month. Year-to-date it is 97.29% up and over the past year, the stock is showing an upside performance of 165.45%.
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 1.33. Stock has a price to book (P/B) ratio of 11.90 while price to sale or P/S ratio amounts to 16.59. Its return on asset (ROA) is -16.31% on average.
