Rocket Lab USA Inc (NASDAQ:RKLB) currently has a daily average trading volume of 18.00M but it saw 15380746 shares traded in last market. With a market cap of 9.92B USD, the company’s current market price of $21.88 came rising about 7.84 while comparing to the previous closing price of $20.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.34 and as low as $3.56. In the recent trading on the day, stock has struck highest price mark of $20.0201 while lowest mark touched by it was $22.07.
Taking a look at 20-day trading activity of Rocket Lab USA Inc (RKLB) gives us an average price of $19.05, while its current price level is -34.37% below from 52-week high level whereas it is 514.61% 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 $20.21 while that of 200 days or SMA-200 reads an average of $16.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.99% during that period while stretching the period over a month that increases to 9.96%. 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 9.54% up while it is 7.94% when we observe its performance for the past one month. Year-to-date it is -14.10% down and over the past year, the stock is showing an upside performance of 509.47%.
Currently, Rocket Lab USA Inc’s total number of outstanding shares is 504.45M with 0.77% of that held by the insiders while 57.85% 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 1.99. Stock has a price to book (P/B) ratio of 28.86 while price to sale or P/S ratio amounts to 22.75. Its return on asset (ROA) is -17.89% on average.
