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The closing price of Roblox Corporation (NYSE: RBLX) was $53.11 for the day, up 0.40% from the previous closing price of $52.90. In other words, the price has increased by $0.40 from its previous closing price. On the day, 7.89 million shares were traded. RBLX stock price reached its highest trading level at $53.66 during the session, while it also had its lowest trading level at $51.8501.
Ratios:
Our analysis of RBLX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 9.26 whereas as Long-Term Debt/Eq ratio is at 8.56.
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 the company, Morgan Stanley on November 04, 2024, Upgraded its rating to Overweight and sets its target price to $65 from $38 previously.
On September 09, 2024, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $47 to $51.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 04 ’24 when Rawlings Amy Marie sold 2,186 shares for $52.90 per share. The transaction valued at 115,639 led to the insider holds 91,062 shares of the business.
Bronstein Manuel sold 37,846 shares of RBLX for $1,969,119 on Nov 04 ’24. The Chief Product Officer now owns 674,259 shares after completing the transaction at $52.03 per share. On Nov 04 ’24, another insider, Reinstra Mark, who serves as the Gen. Counsel & Secretary of the company, sold 9,000 shares for $51.68 each. As a result, the insider received 465,120 and left with 327,009 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, RBLX now has a Market Capitalization of 34714292224 and an Enterprise Value of 34276927488. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.36 while its Price-to-Book (P/B) ratio in mrq is 183.50. Its current Enterprise Value per Revenue stands at 10.19 whereas that against EBITDA is -36.282.
Stock Price History:
Over the past 52 weeks, RBLX has reached a high of $53.07, while it has fallen to a 52-week low of $29.55. The 50-Day Moving Average of the stock is 19.91%, while the 200-Day Moving Average is calculated to be 33.49%.
Shares Statistics:
RBLX traded an average of 7.53M shares per day over the past three months and 11879520 shares per day over the past ten days. A total of 581.13M shares are outstanding, with a floating share count of 516.45M. Insiders hold about 21.30% of the company’s shares, while institutions hold 57.49% stake in the company. Shares short for RBLX as of 1728950400 were 32429133 with a Short Ratio of 4.30, compared to 1726185600 on 22550639. Therefore, it implies a Short% of Shares Outstanding of 32429133 and a Short% of Float of 8.1199996.
