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As of close of business last night, Robinhood Markets Inc’s stock clocked out at $22.28, up 1.09% from its previous closing price of $22.04. In other words, the price has increased by $1.09 from its previous closing price. On the day, 10.35 million shares were traded. HOOD stock price reached its highest trading level at $22.445 during the session, while it also had its lowest trading level at $21.75.
Ratios:
To gain a deeper understanding of HOOD’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.01.
On May 17, 2024, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $14 to $24.
Citigroup Downgraded its Neutral to Sell on April 11, 2024, whereas the target price for the stock was revised from $13 to $16.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 05 ’24 when Tenev Vladimir sold 250,000 shares for $22.50 per share. The transaction valued at 5,624,800 led to the insider holds 0 shares of the business.
Gallagher Daniel Martin Jr sold 12,500 shares of HOOD for $284,990 on Jul 03 ’24. The Chief Legal Officer now owns 956,247 shares after completing the transaction at $22.80 per share. On Jun 20 ’24, another insider, Bhatt Baiju, who serves as the Director of the company, sold 121,226 shares for $21.63 each. As a result, the insider received 2,622,712 and left with 0 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, HOOD now has a Market Capitalization of 19576070144 and an Enterprise Value of 12549465088. As of this moment, Robinhood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 153.13, and their Forward P/E ratio for the next fiscal year is 39.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.48 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 6.146.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $24.28, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is 7.45%, while the 200-Day Moving Average is calculated to be 51.42%.
Shares Statistics:
It appears that HOOD traded 17.05M shares on average per day over the past three months and 10825910 shares per day over the past ten days. A total of 745.40M shares are outstanding, with a floating share count of 550.12M. Insiders hold about 37.40% of the company’s shares, while institutions hold 45.79% stake in the company. Shares short for HOOD as of 1719532800 were 34316578 with a Short Ratio of 2.01, compared to 1717113600 on 29985009. Therefore, it implies a Short% of Shares Outstanding of 34316578 and a Short% of Float of 4.8600003.
