In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Rocket Lab USA Inc (NASDAQ: RKLB) closed at $28.74 in the last session, up 15.14% from day before closing price of $24.96. In other words, the price has increased by $15.14 from its previous closing price. On the day, 22.0 million shares were traded. RKLB stock price reached its highest trading level at $28.77 during the session, while it also had its lowest trading level at $25.029.
Ratios:
We take a closer look at RKLB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.16 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 1.09.
On July 15, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $8 to $6.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 11 ’24 when NINA ARMAGNO bought 10,000 shares for $23.63 per share.
Slusky Alexander R sold 50,000 shares of RKLB for $1,214,230 on Dec 02 ’24. The Director now owns 584,675 shares after completing the transaction at $24.28 per share. On Dec 03 ’24, another insider, Slusky Alexander R, who serves as the Director of the company, sold 50,000 shares for $23.00 each. As a result, the insider received 1,150,080 and left with 534,675 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, RKLB now has a Market Capitalization of 14367441920 and an Enterprise Value of 14395541504. For the stock, the TTM Price-to-Sale (P/S) ratio is 45.47 while its Price-to-Book (P/B) ratio in mrq is 34.21. Its current Enterprise Value per Revenue stands at 39.568 whereas that against EBITDA is -93.44.
Stock Price History:
Over the past 52 weeks, RKLB has reached a high of $28.80, while it has fallen to a 52-week low of $3.47. The 50-Day Moving Average of the stock is 41.32%, while the 200-Day Moving Average is calculated to be 209.54%.
Shares Statistics:
According to the various share statistics, RKLB traded on average about 20.17M shares per day over the past 3-months and 16203080 shares per day over the past 10 days. A total of 499.70M shares are outstanding, with a floating share count of 367.17M. Insiders hold about 26.55% of the company’s shares, while institutions hold 34.33% stake in the company. Shares short for RKLB as of 1734048000 were 50780012 with a Short Ratio of 2.52, compared to 1731628800 on 53742225. Therefore, it implies a Short% of Shares Outstanding of 50780012 and a Short% of Float of 14.21.
