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The price of Rocket Lab USA Inc (NASDAQ: RKLB) closed at $4.61 in the last session, up 1.54% from day before closing price of $4.54. In other words, the price has increased by $1.54 from its previous closing price. On the day, 5.34 million shares were traded. RKLB stock price reached its highest trading level at $4.65 during the session, while it also had its lowest trading level at $4.49.
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 2.69 and its Current Ratio is at 3.12. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.97.
On June 11, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $4.50.
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 May 24 ’24 when Spice Adam C. sold 63,529 shares for $4.22 per share. The transaction valued at 267,902 led to the insider holds 1,383,677 shares of the business.
Kampani Arjun sold 29,026 shares of RKLB for $122,403 on May 24 ’24. The General Counsel now owns 666,121 shares after completing the transaction at $4.22 per share. On Mar 05 ’24, another insider, Spice Adam C., who serves as the Chief Financial Officer of the company, sold 67,160 shares for $4.25 each. As a result, the insider received 285,631 and left with 1,442,206 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 2271715840 and an Enterprise Value of 2256012544. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.04 while its Price-to-Book (P/B) ratio in mrq is 4.74. Its current Enterprise Value per Revenue stands at 7.987 whereas that against EBITDA is -15.605.
Stock Price History:
The Beta on a monthly basis for RKLB is 1.25, which has changed by -0.2133106 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, RKLB has reached a high of $8.05, while it has fallen to a 52-week low of $3.47. The 50-Day Moving Average of the stock is 7.51%, while the 200-Day Moving Average is calculated to be 3.81%.
Shares Statistics:
According to the various share statistics, RKLB traded on average about 7.77M shares per day over the past 3-months and 10777960 shares per day over the past 10 days. A total of 488.92M shares are outstanding, with a floating share count of 300.81M. Insiders hold about 38.96% of the company’s shares, while institutions hold 30.09% stake in the company. Shares short for RKLB as of 1718323200 were 56652261 with a Short Ratio of 7.29, compared to 1715731200 on 58558544. Therefore, it implies a Short% of Shares Outstanding of 56652261 and a Short% of Float of 16.18.
