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After finishing at $16.86 in the prior trading day, Rocket Pharmaceuticals Inc (NASDAQ: RCKT) closed at $16.03, down -4.92%. In other words, the price has decreased by -$4.92 from its previous closing price. On the day, 0.97 million shares were traded. RCKT stock price reached its highest trading level at $17.2 during the session, while it also had its lowest trading level at $15.92.
Ratios:
Our goal is to gain a better understanding of RCKT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.05 and its Current Ratio is at 6.05. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
On April 02, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $39.
On October 24, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $65.Cantor Fitzgerald initiated its Overweight rating on October 24, 2023, with a $65 target price.
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 Oct 31 ’24 when White Mark Andrew sold 3,080 shares for $16.62 per share. The transaction valued at 51,205 led to the insider holds 69,140 shares of the business.
Militello John sold 917 shares of RCKT for $15,245 on Oct 31 ’24. The insider now owns 50,534 shares after completing the transaction at $16.62 per share. On Oct 31 ’24, another insider, Militello John, who serves as the Officer of the company, bought 917 shares for $16.62 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RCKT now has a Market Capitalization of 1461248384 and an Enterprise Value of 1251228032.
Stock Price History:
Over the past 52 weeks, RCKT has reached a high of $32.53, while it has fallen to a 52-week low of $15.98. The 50-Day Moving Average of the stock is -10.73%, while the 200-Day Moving Average is calculated to be -28.49%.
Shares Statistics:
The stock has traded on average 829.71K shares per day over the past 3-months and 733800 shares per day over the last 10 days, according to various share statistics. A total of 90.28M shares are outstanding, with a floating share count of 83.99M. Insiders hold about 7.86% of the company’s shares, while institutions hold 101.18% stake in the company. Shares short for RCKT as of 1728950400 were 11515890 with a Short Ratio of 14.34, compared to 1726185600 on 11262034. Therefore, it implies a Short% of Shares Outstanding of 11515890 and a Short% of Float of 26.87.
