Root Inc (NASDAQ:ROOT) currently has a daily average trading volume of 551.92K but it saw 323480 shares traded in last market. With a market cap of 2.18B USD, the company’s current market price of $135.49 came rising about 0.28 while comparing to the previous closing price of $135.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $181.14 and as low as $34.04. In the recent trading on the day, stock has struck highest price mark of $131.71 while lowest mark touched by it was $136.16.
Jefferies upgraded its recommendation for the stock as a “Buy” from “Hold” on March 01, 2024 while assigning a price target range of $10-$40. Keefe Bruyette issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $10 and $22.
Over the week, ROOT’s stock price is moving -12.34% down while it is -0.76% when we observe its performance for the past one month. Year-to-date it is 86.65% up and over the past year, the stock is showing an upside performance of 219.59%.
Currently, Root Inc’s total number of outstanding shares is 11.20M. Company’s return on investment (ROI) stands at 9.74% and return on equity (ROE) at 17.95%. It has a price to earnings ratio (P/E ratio) of 45.05 while having a 67.83 of forward P/E ratio. Stock’s beta reads 2.32. Stock has a price to book (P/B) ratio of 9.01 while price to sale or P/S ratio amounts to 1.72. Its return on asset (ROA) is 4.20% on average.
