Rocket Lab USA Inc (NASDAQ:RKLB) currently has a daily average trading volume of 19.27M but it saw 14657082 shares traded in last market. With a market cap of 9.06B USD, the company’s current market price of $19.98 came falling about -5.20 while comparing to the previous closing price of $21.07. 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 $19.51 while lowest mark touched by it was $20.64.
Taking a look at 20-day trading activity of Rocket Lab USA Inc (RKLB) gives us an average price of $18.94, while its current price level is -40.09% below from 52-week high level whereas it is 475.65% 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 $21.06 while that of 200 days or SMA-200 reads an average of $15.88. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.52% during that period while stretching the period over a month that increases to 9.54%. 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 51.71 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 -2.99% down while it is 11.10% when we observe its performance for the past one month. Year-to-date it is -21.57% down and over the past year, the stock is showing an upside performance of 465.86%.
Currently, Rocket Lab USA Inc’s total number of outstanding shares is 504.45M with 0.77% of that held by the insiders while 57.78% 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 1.98. Stock has a price to book (P/B) ratio of 26.35 while price to sale or P/S ratio amounts to 20.77. Its return on asset (ROA) is -17.89% on average.
