Rocket Lab USA Inc (NASDAQ:RKLB) currently has a daily average trading volume of 19.64M but it saw 18321796 shares traded in last market. With a market cap of 9.25B USD, the company’s current market price of $20.40 came rising about 7.40 while comparing to the previous closing price of $19.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.34 and as low as $3.47.
Taking a look at 20-day trading activity of Rocket Lab USA Inc (RKLB) gives us an average price of $24.57, while its current price level is -38.81% below from 52-week high level whereas it is 487.90% 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 $26.20 while that of 200 days or SMA-200 reads an average of $13.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.09% during that period while stretching the period over a month that decreases to 9.97%. 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 37.70 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 -4.00% down while it is -28.12% when we observe its performance for the past one month. Year-to-date it is -19.91% down and over the past year, the stock is showing an upside performance of 349.34%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of -0.09 while estimate for next year EPS is -0.24. In next quarter, company is expected to be making quarterly sales of $136.76M as analysts are expecting the sales for current fiscal year at $582.05M and seeing the company making $887.22M in sales next year. Moreover, analysts are in estimates of $120.82M for current-quarter revenue.
Currently, Rocket Lab USA Inc’s total number of outstanding shares is 504.45M with 0.82% of that held by the insiders while 57.78% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -22.67% and return on equity (ROE) at -40.59%. Stock’s beta reads 2.08. Stock has a price to book (P/B) ratio of 26.91 while price to sale or P/S ratio amounts to 21.21. Its return on asset (ROA) is -17.89% on average.
