Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $29.43 in the prior trading day, Rocket Lab USA Inc (NASDAQ: RKLB) closed at $28.98, down -1.53%. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 16.04 million shares were traded. RKLB stock price reached its highest trading level at $30.49 during the session, while it also had its lowest trading level at $27.8501.
Ratios:
Our goal is to gain a better understanding of RKLB by taking a closer look at its different ratios. 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:
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 Dec 11 ’24 when NINA ARMAGNO bought 10,000 shares for $23.63 per share.
Slusky Alexander R sold 50,000 shares of RKLB for $1,214,230 on Dec 02 ’24. The Director now owns 584,675 shares after completing the transaction at $24.28 per share. On Dec 03 ’24, another insider, Slusky Alexander R, who serves as the Director of the company, sold 50,000 shares for $23.00 each. As a result, the insider received 1,150,080 and left with 534,675 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, RKLB now has a Market Capitalization of 13010861056 and an Enterprise Value of 14515520512. For the stock, the TTM Price-to-Sale (P/S) ratio is 39.82 while its Price-to-Book (P/B) ratio in mrq is 34.49. Its current Enterprise Value per Revenue stands at 39.898 whereas that against EBITDA is -94.219.
Stock Price History:
The Beta on a monthly basis for RKLB is 1.99, which has changed by 5.0680413 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, RKLB has reached a high of $33.34, while it has fallen to a 52-week low of $3.47. The 50-Day Moving Average of the stock is 16.01%, while the 200-Day Moving Average is calculated to be 162.10%.
Shares Statistics:
The stock has traded on average 22.69M shares per day over the past 3-months and 22725750 shares per day over the last 10 days, according to various share statistics. A total of 499.70M shares are outstanding, with a floating share count of 373.67M. Insiders hold about 25.25% of the company’s shares, while institutions hold 34.43% stake in the company. Shares short for RKLB as of 1736899200 were 54452240 with a Short Ratio of 2.40, compared to 1734048000 on 50780012. Therefore, it implies a Short% of Shares Outstanding of 54452240 and a Short% of Float of 17.77.
