Rocket Lab USA Inc (NASDAQ:RKLB) currently has a daily average trading volume of 19.18M but it saw 12047477 shares traded in last market. With a market cap of 8.52B USD, the company’s current market price of $18.78 came rising about 4.45 while comparing to the previous closing price of $17.98. 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 $17.78 while lowest mark touched by it was $19.07.
Taking a look at 20-day trading activity of Rocket Lab USA Inc (RKLB) gives us an average price of $19.71, while its current price level is -43.67% below from 52-week high level whereas it is 441.21% 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 $24.63 while that of 200 days or SMA-200 reads an average of $14.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.06% during that period while stretching the period over a month that increases to 10.49%. 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 41.34 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 1.90% up while it is -32.30% when we observe its performance for the past one month. Year-to-date it is -26.27% down and over the past year, the stock is showing an upside performance of 355.83%.
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 57.88% 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 24.77 while price to sale or P/S ratio amounts to 19.53. Its return on asset (ROA) is -17.89% on average.
