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.
Roblox Corporation (NYSE: RBLX) closed the day trading at $34.97 down -3.66% from the previous closing price of $36.30. In other words, the price has decreased by -$3.66 from its previous closing price. On the day, 8.24 million shares were traded. RBLX stock price reached its highest trading level at $36.79 during the session, while it also had its lowest trading level at $34.42.
Ratios:
For a better understanding of RBLX, 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 10.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 160.63. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 23.11 whereas as Long-Term Debt/Eq ratio is at 21.65.
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 the company, JP Morgan on April 23, 2024, Upgraded its rating to Overweight and sets its target price to $48 from $41 previously.
On February 08, 2024, Goldman Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $35 to $48.
Barclays Upgraded its Underweight to Equal Weight on February 08, 2024, whereas the target price for the stock was revised from $26 to $46.
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 Apr 17 ’24 when Reinstra Mark sold 4,000 shares for $36.69 per share. The transaction valued at 146,760 led to the insider holds 359,453 shares of the business.
Baszucki David sold 100,000 shares of RBLX for $3,831,250 on Apr 08 ’24. The President & CEO now owns 148,845 shares after completing the transaction at $38.31 per share. On Apr 08 ’24, another insider, Baszucki David, who serves as the President & CEO of the company, sold 61,668 shares for $38.31 each. As a result, the insider received 2,362,655 and left with 875 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, RBLX now has a Market Capitalization of 22371463168 and an Enterprise Value of 21650249728. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.89 while its Price-to-Book (P/B) ratio in mrq is 289.34. Its current Enterprise Value per Revenue stands at 7.734 whereas that against EBITDA is -20.739.
Stock Price History:
Over the past 52 weeks, RBLX has reached a high of $47.20, while it has fallen to a 52-week low of $24.88. The 50-Day Moving Average of the stock is -10.62%, while the 200-Day Moving Average is calculated to be -5.02%.
Shares Statistics:
Over the past 3-months, RBLX traded about 7.79M shares per day on average, while over the past 10 days, RBLX traded about 6205420 shares per day. A total of 581.13M shares are outstanding, with a floating share count of 487.75M. Insiders hold about 22.78% of the company’s shares, while institutions hold 56.50% stake in the company. Shares short for RBLX as of 1711584000 were 19645717 with a Short Ratio of 2.52, compared to 1709164800 on 15668948. Therefore, it implies a Short% of Shares Outstanding of 19645717 and a Short% of Float of 4.8.
