Roblox Corporation (RBLX)’s Market Momentum: Closing Strong at 58.91, Up 0.19

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As of close of business last night, Roblox Corporation’s stock clocked out at $58.91, up 0.19% from its previous closing price of $58.80. In other words, the price has increased by $0.19 from its previous closing price. On the day, 5.85 million shares were traded. RBLX stock price reached its highest trading level at $59.565 during the session, while it also had its lowest trading level at $57.88.

Ratios:

To gain a deeper understanding of RBLX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 64.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 9.26 whereas as Long-Term Debt/Eq ratio is at 8.56.

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, HSBC Securities on December 12, 2024, initiated with a Buy rating and assigned the stock a target price of $63.

On November 04, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $38 to $65.

BTIG Research reiterated its Buy rating for the stock on September 09, 2024, while the target price for the stock was revised from $47 to $51.

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 Dec 11 ’24 when Bronstein Manuel sold 44,888 shares for $60.01 per share. The transaction valued at 2,693,805 led to the insider holds 573,266 shares of the business.

Reinstra Mark sold 5,000 shares of RBLX for $300,000 on Dec 11 ’24. The Chief Legal Off. & Corp. Sec. now owns 278,161 shares after completing the transaction at $60.00 per share. On Dec 11 ’24, another insider, MANUEL BRONSTEIN, who serves as the Officer of the company, bought 44,888 shares for $56.26 each.

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 38658154496 and an Enterprise Value of 38083026944. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.49 while its Price-to-Book (P/B) ratio in mrq is 203.54. Its current Enterprise Value per Revenue stands at 11.322 whereas that against EBITDA is -40.311.

Stock Price History:

Over the past 52 weeks, RBLX has reached a high of $61.77, while it has fallen to a 52-week low of $29.55. The 50-Day Moving Average of the stock is 17.30%, while the 200-Day Moving Average is calculated to be 41.32%.

Shares Statistics:

It appears that RBLX traded 8.88M shares on average per day over the past three months and 8816760 shares per day over the past ten days. A total of 607.45M shares are outstanding, with a floating share count of 535.78M. Insiders hold about 18.35% of the company’s shares, while institutions hold 63.55% stake in the company. Shares short for RBLX as of 1732838400 were 27958228 with a Short Ratio of 3.15, compared to 1730332800 on 26973000. Therefore, it implies a Short% of Shares Outstanding of 27958228 and a Short% of Float of 7.000000000000001.

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