Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Rocket Pharmaceuticals Inc’s stock clocked out at $10.56, down -1.68% from its previous closing price of $10.74. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 1.34 million shares were traded. RCKT stock price reached its highest trading level at $10.71 during the session, while it also had its lowest trading level at $10.11.
Ratios:
To gain a deeper understanding of RCKT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.05 and its Current Ratio is at 6.05. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, Wedbush on December 30, 2024, initiated with a Outperform rating and assigned the stock a target price of $32.
On December 18, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $29.
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 Jan 31 ’25 when White Mark Andrew bought 2,824 shares for $10.96 per share.
Militello John sold 896 shares of RCKT for $9,300 on Jan 23 ’25. The insider now owns 48,414 shares after completing the transaction at $10.38 per share. On Jan 23 ’25, another insider, Militello John, who serves as the Officer of the company, bought 896 shares for $10.38 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RCKT now has a Market Capitalization of 1122918784 and an Enterprise Value of 752598848.
Stock Price History:
The Beta on a monthly basis for RCKT is 0.98, which has changed by -0.63041985 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, RCKT has reached a high of $31.47, while it has fallen to a 52-week low of $10.07. The 50-Day Moving Average of the stock is -12.80%, while the 200-Day Moving Average is calculated to be -42.19%.
Shares Statistics:
It appears that RCKT traded 1.41M shares on average per day over the past three months and 1548750 shares per day over the past ten days. A total of 106.34M shares are outstanding, with a floating share count of 98.21M. Insiders hold about 7.64% of the company’s shares, while institutions hold 84.87% stake in the company. Shares short for RCKT as of 1736899200 were 11701825 with a Short Ratio of 8.29, compared to 1734048000 on 11175314. Therefore, it implies a Short% of Shares Outstanding of 11701825 and a Short% of Float of 20.1.
