Market Resilience: Roku Inc (ROKU) Finishes Strong at 63.11, Up 3.43

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Roku Inc (NASDAQ: ROKU) closed the day trading at $63.11 up 3.43% from the previous closing price of $61.02. In other words, the price has increased by $3.43 from its previous closing price. On the day, 3.02 million shares were traded. ROKU stock price reached its highest trading level at $63.16 during the session, while it also had its lowest trading level at $60.52.


For a better understanding of ROKU, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.48. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.24.

On April 29, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $74.

Wells Fargo Downgraded its Equal Weight to Underweight on February 27, 2024, whereas the target price for the stock was revised from $77 to $51.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 13 ’24 when KAY STEPHEN H sold 12,124 shares for $55.59 per share. The transaction valued at 673,973 led to the insider holds 91,905 shares of the business.

Fyfield Mai sold 650 shares of ROKU for $37,622 on Jun 10 ’24. The Director now owns 3,259 shares after completing the transaction at $57.88 per share. On Jun 05 ’24, another insider, Banks Matthew C., who serves as the VP, Corp Controller & CAO of the company, sold 838 shares for $57.83 each. As a result, the insider received 48,462 and left with 5,794 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, ROKU now has a Market Capitalization of 8797155328 and an Enterprise Value of 7682207232. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 3.86. Its current Enterprise Value per Revenue stands at 2.119 whereas that against EBITDA is -158.057.

Stock Price History:

Over the past 52 weeks, ROKU has reached a high of $108.84, while it has fallen to a 52-week low of $51.51. The 50-Day Moving Average of the stock is 8.25%, while the 200-Day Moving Average is calculated to be -13.39%.

Shares Statistics:

Over the past 3-months, ROKU traded about 3.74M shares per day on average, while over the past 10 days, ROKU traded about 3490490 shares per day. A total of 126.12M shares are outstanding, with a floating share count of 125.99M. Insiders hold about 12.61% of the company’s shares, while institutions hold 70.70% stake in the company. Shares short for ROKU as of 1718323200 were 11840823 with a Short Ratio of 3.16, compared to 1715731200 on 11527304. Therefore, it implies a Short% of Shares Outstanding of 11840823 and a Short% of Float of 10.6400006.

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