Rocket Lab USA Inc (NASDAQ:RKLB) currently has a daily average trading volume of 17.14M but it saw 17183737 shares traded in last market. With a market cap of 10.09B USD, the company’s current market price of $20.18 came falling about -1.56 while comparing to the previous closing price of $20.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.55 and as low as $3.47. In the recent trading on the day, stock has struck highest price mark of $19.64 while lowest mark touched by it was $20.76.
Taking a look at 20-day trading activity of Rocket Lab USA Inc (RKLB) gives us an average price of $14.29, while its current price level is -10.51% below from 52-week high level whereas it is 481.56% 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 $11.20 while that of 200 days or SMA-200 reads an average of $6.33. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.30% during that period while stretching the period over a month that decreases to 8.13%. 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 79.82 which implies that the stock is in overbought 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 7.17% up while it is 80.82% when we observe its performance for the past one month. Year-to-date it is 264.92% up and over the past year, the stock is showing an upside performance of 368.21%.
Currently, Rocket Lab USA Inc’s total number of outstanding shares is 488.92M. Company’s return on investment (ROI) stands at -21.44% and return on equity (ROE) at -37.45%. Stock’s beta reads 1.52. Stock has a price to book (P/B) ratio of 24.02 while price to sale or P/S ratio amounts to 27.73. Its return on asset (ROA) is -17.91% on average.
