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Rocket Pharmaceuticals Inc (NASDAQ: RCKT) closed the day trading at $13.66 down -2.29% from the previous closing price of $13.98. In other words, the price has decreased by -$2.29 from its previous closing price. On the day, 1.49 million shares were traded. RCKT stock price reached its highest trading level at $14.1 during the session, while it also had its lowest trading level at $13.39.
Ratios:
For a better understanding of RCKT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.05 and its Current Ratio is at 6.05. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
On April 02, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $39.
On October 24, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $65.Cantor Fitzgerald initiated its Overweight rating on October 24, 2023, with a $65 target price.
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 31 ’24 when White Mark Andrew sold 3,080 shares for $16.62 per share. The transaction valued at 51,205 led to the insider holds 69,140 shares of the business.
Militello John sold 917 shares of RCKT for $15,245 on Oct 31 ’24. The insider now owns 50,534 shares after completing the transaction at $16.62 per share. On Oct 31 ’24, another insider, Militello John, who serves as the Officer of the company, bought 917 shares for $16.62 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RCKT now has a Market Capitalization of 1274375424 and an Enterprise Value of 1064356032.
Stock Price History:
Over the past 52 weeks, RCKT has reached a high of $32.53, while it has fallen to a 52-week low of $13.80. The 50-Day Moving Average of the stock is -22.50%, while the 200-Day Moving Average is calculated to be -38.28%.
Shares Statistics:
Over the past 3-months, RCKT traded about 850.88K shares per day on average, while over the past 10 days, RCKT traded about 901070 shares per day. A total of 90.28M shares are outstanding, with a floating share count of 83.00M. Insiders hold about 8.95% of the company’s shares, while institutions hold 98.34% stake in the company. Shares short for RCKT as of 1730332800 were 11897507 with a Short Ratio of 13.98, compared to 1727654400 on 11403110. Therefore, it implies a Short% of Shares Outstanding of 11897507 and a Short% of Float of 27.67.
