Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Rocket Pharmaceuticals Inc (NASDAQ: RCKT) closed at $6.99 in the last session, down -0.71% from day before closing price of $7.04. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 3.14 million shares were traded.
Ratios:
We take a closer look at RCKT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.19 and its Current Ratio is at 9.19. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 this company, BMO Capital Markets on March 12, 2025, initiated with a Outperform rating and assigned the stock a target price of $50.
On December 30, 2024, Wedbush started tracking the stock assigning a Outperform rating and target price of $32.
On December 18, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $29.Jefferies initiated its Buy rating on December 18, 2024, with a $29 target price.
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 Apr 22 ’25 when Militello John sold 718 shares for $7.16 per share. The transaction valued at 5,139 led to the insider holds 65,039 shares of the business.
Militello John bought 718 shares of RCKT for $5,140 on Apr 22 ’25. On Apr 10 ’25, another insider, Shah Gaurav, who serves as the CEO of the company, bought 20,000 shares for $5.08 each. As a result, the insider paid 101,600 and bolstered with 792,680 shares of the company.
Stock Price History:
Over the past 52 weeks, RCKT has reached a high of $26.98, while it has fallen to a 52-week low of $4.55. The 50-Day Moving Average of the stock is -5.01%, while the 200-Day Moving Average is calculated to be -48.16%.
Shares Statistics:
A total of 106.75M shares are outstanding, with a floating share count of 99.95M. Insiders hold about 7.23% of the company’s shares, while institutions hold 96.43% stake in the company.
