Market Momentum Report: Roblox Corporation (RBLX)’s Negative Close at 41.39

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The price of Roblox Corporation (NYSE: RBLX) closed at $41.39 in the last session, down -1.43% from day before closing price of $41.99. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 6.66 million shares were traded. RBLX stock price reached its highest trading level at $41.93 during the session, while it also had its lowest trading level at $41.27.

Ratios:

We take a closer look at RBLX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 15.21 whereas as Long-Term Debt/Eq ratio is at 14.09.

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, BTIG Research on September 09, 2024, Reiterated its Buy rating but revised its target price to $51 from $47 previously.

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 Oct 07 ’24 when Michael Guthrie bought 30,000 shares for $41.39 per share.

Baszucki Gregory sold 13,000 shares of RBLX for $620,792 on Sep 25 ’24. The Director now owns 9,662,103 shares after completing the transaction at $47.75 per share. On Sep 25 ’24, another insider, GREG AND CHRISTINA BASZUCKI LI, who serves as the Director of the company, bought 13,000 shares for $47.11 each.

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 27174975488 and an Enterprise Value of 26213963776. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.48 while its Price-to-Book (P/B) ratio in mrq is 220.27. Its current Enterprise Value per Revenue stands at 8.301 whereas that against EBITDA is -26.917.

Stock Price History:

The Beta on a monthly basis for RBLX is 1.60, which has changed by 0.35846007 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, RBLX has reached a high of $48.43, while it has fallen to a 52-week low of $29.08. The 50-Day Moving Average of the stock is -2.70%, while the 200-Day Moving Average is calculated to be 4.47%.

Shares Statistics:

According to the various share statistics, RBLX traded on average about 6.26M shares per day over the past 3-months and 7216540 shares per day over the past 10 days. A total of 581.13M shares are outstanding, with a floating share count of 508.46M. Insiders hold about 21.44% of the company’s shares, while institutions hold 58.54% stake in the company. Shares short for RBLX as of 1726185600 were 22550639 with a Short Ratio of 3.60, compared to 1723680000 on 20370515. Therefore, it implies a Short% of Shares Outstanding of 22550639 and a Short% of Float of 5.7800002.

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