Quarterly Snapshot: Quick and Current Ratios for Rocket Lab USA Inc (RKLB)

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The closing price of Rocket Lab USA Inc (NASDAQ: RKLB) was $25.44 for the day, up 5.74% from the previous closing price of $24.06. In other words, the price has increased by $5.74 from its previous closing price. On the day, 41.27 million shares were traded. RKLB stock price reached its highest trading level at $26.71 during the session, while it also had its lowest trading level at $23.62.

Ratios:

Our analysis of RKLB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.16 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 1.09.

On July 15, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $8 to $6.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 26 ’24 when MERLINE A SAINTIL bought 50,000 shares for $25.55 per share.

Spice Adam C. bought 62,511 shares of RKLB for $1,509,366 on Nov 25 ’24. On Nov 25 ’24, another insider, Klein Frank, who serves as the Officer of the company, bought 35,968 shares for $24.15 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RKLB now has a Market Capitalization of 12717735936 and an Enterprise Value of 12055957504. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.96 while its Price-to-Book (P/B) ratio in mrq is 30.28. Its current Enterprise Value per Revenue stands at 33.137 whereas that against EBITDA is -78.254.

Stock Price History:

Over the past 52 weeks, RKLB has reached a high of $25.58, while it has fallen to a 52-week low of $3.47. The 50-Day Moving Average of the stock is 103.13%, while the 200-Day Moving Average is calculated to be 278.67%.

Shares Statistics:

RKLB traded an average of 17.50M shares per day over the past three months and 40656520 shares per day over the past ten days. A total of 488.92M shares are outstanding, with a floating share count of 356.20M. Insiders hold about 28.75% of the company’s shares, while institutions hold 34.25% stake in the company. Shares short for RKLB as of 1730332800 were 58950235 with a Short Ratio of 3.37, compared to 1727654400 on 61246107. Therefore, it implies a Short% of Shares Outstanding of 58950235 and a Short% of Float of 16.650000000000002.

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