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The price of Robinhood Markets Inc (NASDAQ: HOOD) closed at $22.86 in the last session, up 1.78% from day before closing price of $22.46. In other words, the price has increased by $1.78 from its previous closing price. On the day, 7.61 million shares were traded. HOOD stock price reached its highest trading level at $23.129 during the session, while it also had its lowest trading level at $22.4779.
Ratios:
We take a closer look at HOOD’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.01.
On May 17, 2024, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $14 to $24.
Citigroup Downgraded its Neutral to Sell on April 11, 2024, whereas the target price for the stock was revised from $13 to $16.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 20 ’24 when Bhatt Baiju sold 121,226 shares for $21.63 per share. The transaction valued at 2,622,712 led to the insider holds 0 shares of the business.
Tenev Vladimir sold 250,000 shares of HOOD for $5,258,275 on Jun 04 ’24. The Chief Executive Officer now owns 0 shares after completing the transaction at $21.03 per share. On Jun 04 ’24, another insider, Gallagher Daniel Martin Jr, who serves as the Chief Legal Officer of the company, sold 12,500 shares for $21.05 each. As a result, the insider received 263,062 and left with 943,815 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HOOD now has a Market Capitalization of 20116555776 and an Enterprise Value of 13085554688. As of this moment, Robinhood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 157.11, and their Forward P/E ratio for the next fiscal year is 42.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.73 while its Price-to-Book (P/B) ratio in mrq is 2.92. Its current Enterprise Value per Revenue stands at 6.408.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $24.28, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is 13.55%, while the 200-Day Moving Average is calculated to be 59.32%.
Shares Statistics:
According to the various share statistics, HOOD traded on average about 16.92M shares per day over the past 3-months and 13214020 shares per day over the past 10 days. A total of 745.40M shares are outstanding, with a floating share count of 539.34M. Insiders hold about 38.63% of the company’s shares, while institutions hold 45.73% stake in the company. Shares short for HOOD as of 1718323200 were 34071580 with a Short Ratio of 2.01, compared to 1715731200 on 29043653. Therefore, it implies a Short% of Shares Outstanding of 34071580 and a Short% of Float of 4.8299997999999995.
