Rocket Lab USA Inc (NASDAQ:RKLB) currently has a daily average trading volume of 20.67M but it saw 18680512 shares traded in last market. With a market cap of 13.68B USD, the company’s current market price of $27.36 came falling about -2.11 while comparing to the previous closing price of $27.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.26 and as low as $3.47. In the recent trading on the day, stock has struck highest price mark of $25.89 while lowest mark touched by it was $28.32.
Taking a look at 20-day trading activity of Rocket Lab USA Inc (RKLB) gives us an average price of $25.70, while its current price level is -9.58% below from 52-week high level whereas it is 688.47% 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 $21.35 while that of 200 days or SMA-200 reads an average of $9.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.55% during that period while stretching the period over a month that increases to 9.60%. 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 58.47 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 7.42% up while it is 10.86% when we observe its performance for the past one month. Year-to-date it is 7.42% up and over the past year, the stock is showing an upside performance of 392.97%.
Currently, Rocket Lab USA Inc’s total number of outstanding shares is 499.70M. Company’s return on investment (ROI) stands at -21.44% and return on equity (ROE) at -37.45%. Stock’s beta reads 1.98. Stock has a price to book (P/B) ratio of 32.56 while price to sale or P/S ratio amounts to 37.59. Its return on asset (ROA) is -17.91% on average.
