Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Root Inc (NASDAQ: ROOT) closed the day trading at $177.69 up 10.88% from the previous closing price of $160.26. In other words, the price has increased by $10.88 from its previous closing price. On the day, 0.8 million shares were traded. ROOT stock price reached its highest trading level at $181.14 during the session, while it also had its lowest trading level at $168.28.
Ratios:
For a better understanding of ROOT, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.63.
On March 01, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $10 to $40.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on February 26, 2024, whereas the target price for the stock was revised from $10 to $22.
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 Mar 24 ’25 when Ulman Doug bought 2,000 shares for $175.00 per share.
Ulman Doug sold 4,000 shares of ROOT for $554,120 on Mar 13 ’25. The Director now owns 6,201 shares after completing the transaction at $138.53 per share. On Mar 13 ’25, another insider, Ulman Doug, who serves as the Director of the company, bought 4,000 shares for $138.53 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ROOT now has a Market Capitalization of 2700888064 and an Enterprise Value of 2404888064. As of this moment, Root’s Price-to-Earnings (P/E) ratio for their current fiscal year is 113.52, and their Forward P/E ratio for the next fiscal year is 218.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.30 while its Price-to-Book (P/B) ratio in mrq is 13.17. Its current Enterprise Value per Revenue stands at 2.044 whereas that against EBITDA is 28.427.
Stock Price History:
The Beta on a monthly basis for ROOT is 2.34, which has changed by 2.04394 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, ROOT has reached a high of $165.23, while it has fallen to a 52-week low of $34.04. The 50-Day Moving Average of the stock is 54.41%, while the 200-Day Moving Average is calculated to be 142.50%.
Shares Statistics:
Over the past 3-months, ROOT traded about 551.97K shares per day on average, while over the past 10 days, ROOT traded about 794700 shares per day. A total of 11.10M shares are outstanding, with a floating share count of 8.12M. Insiders hold about 46.57% of the company’s shares, while institutions hold 32.89% stake in the company. Shares short for ROOT as of 1740700800 were 1403975 with a Short Ratio of 2.54, compared to 1738281600 on 1603498. Therefore, it implies a Short% of Shares Outstanding of 1403975 and a Short% of Float of 13.11.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
