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Roku Inc (NASDAQ: ROKU) closed the day trading at $64.08 down -17.33% from the previous closing price of $77.51. In other words, the price has decreased by -$17.33 from its previous closing price. On the day, 21.81 million shares were traded. ROKU stock price reached its highest trading level at $68.75 during the session, while it also had its lowest trading level at $60.0601.
Ratios:
For a better understanding of ROKU, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.25. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on October 10, 2024, Reiterated its Overweight rating but revised its target price to $92 from $90 previously.
On October 01, 2024, MoffettNathanson Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $80.
Wolfe Research Upgraded its Peer Perform to Outperform on September 12, 2024, while the target price for the stock was maintained at $93.
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 Oct 15 ’24 when Jedda Dan sold 1,000 shares for $76.25 per share. The transaction valued at 76,250 led to the insider holds 53,267 shares of the business.
DANIEL JEDDA bought 1,000 shares of ROKU for $76,250 on Oct 15 ’24. On Oct 10 ’24, another insider, Wood Anthony J., who serves as the CEO and Chairman BOD of the company, sold 25,000 shares for $77.20 each. As a result, the insider received 1,929,932 and left with 0 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, ROKU now has a Market Capitalization of 11214832640 and an Enterprise Value of 7691161088. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.48 while its Price-to-Book (P/B) ratio in mrq is 3.88. Its current Enterprise Value per Revenue stands at 1.974 whereas that against EBITDA is 22.04.
Stock Price History:
Over the past 52 weeks, ROKU has reached a high of $108.84, while it has fallen to a 52-week low of $48.33. The 50-Day Moving Average of the stock is -12.42%, while the 200-Day Moving Average is calculated to be -3.78%.
Shares Statistics:
Over the past 3-months, ROKU traded about 3.41M shares per day on average, while over the past 10 days, ROKU traded about 4901770 shares per day. A total of 144.69M shares are outstanding, with a floating share count of 126.50M. Insiders hold about 12.57% of the company’s shares, while institutions hold 71.21% stake in the company. Shares short for ROKU as of 1728950400 were 10284472 with a Short Ratio of 3.01, compared to 1726185600 on 9904486. Therefore, it implies a Short% of Shares Outstanding of 10284472 and a Short% of Float of 9.08.
