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After finishing at $26.91 in the prior trading day, Rocket Lab USA Inc (NASDAQ: RKLB) closed at $23.91, down -11.15%. In other words, the price has decreased by -$11.15 from its previous closing price. On the day, 17.87 million shares were traded. RKLB stock price reached its highest trading level at $25.67 during the session, while it also had its lowest trading level at $23.62.
Ratios:
Our goal is to gain a better understanding of RKLB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.16 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 1.09.
On July 15, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $8 to $6.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 11 ’24 when NINA ARMAGNO bought 10,000 shares for $23.63 per share.
Slusky Alexander R sold 50,000 shares of RKLB for $1,214,230 on Dec 02 ’24. The Director now owns 584,675 shares after completing the transaction at $24.28 per share. On Dec 03 ’24, another insider, Slusky Alexander R, who serves as the Director of the company, sold 50,000 shares for $23.00 each. As a result, the insider received 1,150,080 and left with 534,675 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, RKLB now has a Market Capitalization of 11952872448 and an Enterprise Value of 11980971008. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.85 while its Price-to-Book (P/B) ratio in mrq is 28.46. Its current Enterprise Value per Revenue stands at 32.931 whereas that against EBITDA is -77.767.
Stock Price History:
The Beta on a monthly basis for RKLB is 1.98, which has changed by 4.4473686 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, RKLB has reached a high of $30.26, while it has fallen to a 52-week low of $3.47. The 50-Day Moving Average of the stock is 9.10%, while the 200-Day Moving Average is calculated to be 142.55%.
Shares Statistics:
The stock has traded on average 21.07M shares per day over the past 3-months and 17382500 shares per day over the last 10 days, according to various share statistics. A total of 499.70M shares are outstanding, with a floating share count of 367.17M. Insiders hold about 26.55% of the company’s shares, while institutions hold 34.35% stake in the company. Shares short for RKLB as of 1734048000 were 50780012 with a Short Ratio of 2.53, compared to 1731628800 on 53742225. Therefore, it implies a Short% of Shares Outstanding of 50780012 and a Short% of Float of 14.21.
