Rocket Lab USA Inc (NASDAQ:RKLB) currently has a daily average trading volume of 19.54M but it saw 18988123 shares traded in last market. With a market cap of 8.36B USD, the company’s current market price of $18.43 came rising about 3.37 while comparing to the previous closing price of $17.83. 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. In the recent trading on the day, stock has struck highest price mark of $17.58 while lowest mark touched by it was $19.38.
Taking a look at 20-day trading activity of Rocket Lab USA Inc (RKLB) gives us an average price of $21.98, while its current price level is -44.72% below from 52-week high level whereas it is 431.12% 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 $25.44 while that of 200 days or SMA-200 reads an average of $14.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.48% during that period while stretching the period over a month that increases to 10.58%. 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 36.51 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 -9.66% down while it is -39.77% when we observe its performance for the past one month. Year-to-date it is -27.64% down and over the past year, the stock is showing an upside performance of 316.97%.
The company is expected to be releasing its next quarterly report on 2025-Feb-26, 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 $137.59M as analysts are expecting the sales for current fiscal year at $579.7M and seeing the company making $894.56M in sales next year. Moreover, analysts are in estimates of $120.74M for current-quarter revenue.
Currently, Rocket Lab USA Inc’s total number of outstanding shares is 504.45M with 0.77% of that held by the insiders while 57.83% 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 24.31 while price to sale or P/S ratio amounts to 19.16. Its return on asset (ROA) is -17.89% on average.
