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The price of Robinhood Markets Inc (NASDAQ: HOOD) closed at $19.11 in the last session, down -1.34% from day before closing price of $19.37. In other words, the price has decreased by -$1.34 from its previous closing price. On the day, 9.87 million shares were traded. HOOD stock price reached its highest trading level at $19.61 during the session, while it also had its lowest trading level at $18.8108.
Ratios:
We take a closer look at HOOD’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Deutsche Bank on August 15, 2024, Upgraded its rating to Buy and sets its target price to $24 from $21 previously.
On August 12, 2024, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $20 to $23.
Citigroup Upgraded its Sell to Neutral on August 05, 2024, while the target price for the stock was maintained at $18.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 03 ’24 when DANIEL MARTIN GALLAGHER bought 12,500 shares for $20.12 per share.
Warnick Jason sold 25,000 shares of HOOD for $523,905 on Aug 26 ’24. The Chief Financial Officer now owns 1,077,162 shares after completing the transaction at $20.96 per share. On Aug 26 ’24, another insider, JASON WARNICK, who serves as the Officer of the company, bought 50,000 shares for $21.12 each.
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 16906196992 and an Enterprise Value of 11007204352. As of this moment, Robinhood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.58, and their Forward P/E ratio for the next fiscal year is 28.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.47 while its Price-to-Book (P/B) ratio in mrq is 2.37. Its current Enterprise Value per Revenue stands at 4.918.
Stock Price History:
Over the past 52 weeks, HOOD has reached a high of $24.88, while it has fallen to a 52-week low of $7.91. The 50-Day Moving Average of the stock is -8.80%, while the 200-Day Moving Average is calculated to be 13.90%.
Shares Statistics:
According to the various share statistics, HOOD traded on average about 15.45M shares per day over the past 3-months and 10060300 shares per day over the past 10 days. A total of 745.40M shares are outstanding, with a floating share count of 586.76M. Insiders hold about 33.67% of the company’s shares, while institutions hold 48.86% stake in the company. Shares short for HOOD as of 1723680000 were 33690269 with a Short Ratio of 2.18, compared to 1721001600 on 30364513. Therefore, it implies a Short% of Shares Outstanding of 33690269 and a Short% of Float of 4.7199998.
