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Roku Inc (NASDAQ: ROKU) closed the day trading at $58.12 up 0.59% from the previous closing price of $57.78. In other words, the price has increased by $0.59 from its previous closing price. On the day, 2.0 million shares were traded. ROKU stock price reached its highest trading level at $58.25 during the session, while it also had its lowest trading level at $57.1337.
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 4.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.63. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.
On April 29, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $74.
Wells Fargo Downgraded its Equal Weight to Underweight on February 27, 2024, whereas the target price for the stock was revised from $77 to $51.
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 Jun 05 ’24 when Banks Matthew C. sold 838 shares for $57.83 per share. The transaction valued at 48,462 led to the insider holds 5,794 shares of the business.
Collier Charles sold 7,181 shares of ROKU for $409,532 on Jun 04 ’24. The President, Roku Media now owns 15,654 shares after completing the transaction at $57.03 per share. On Jun 04 ’24, another insider, KAY STEPHEN H, who serves as the SVP General Counsel, Secretary of the company, sold 3,322 shares for $57.09 each. As a result, the insider received 189,653 and left with 82,036 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 8379043840 and an Enterprise Value of 6962825216. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 3.59. Its current Enterprise Value per Revenue stands at 1.921 whereas that against EBITDA is -143.256.
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 $55.01. The 50-Day Moving Average of the stock is -3.12%, while the 200-Day Moving Average is calculated to be -22.84%.
Shares Statistics:
Over the past 3-months, ROKU traded about 4.01M shares per day on average, while over the past 10 days, ROKU traded about 2530000 shares per day. A total of 126.12M shares are outstanding, with a floating share count of 126.04M. Insiders hold about 12.57% of the company’s shares, while institutions hold 70.76% stake in the company. Shares short for ROKU as of 1715731200 were 11527304 with a Short Ratio of 2.88, compared to 1713139200 on 11572916. Therefore, it implies a Short% of Shares Outstanding of 11527304 and a Short% of Float of 10.3599995.
