Stock Market Recap: Roblox Corporation (RBLX) Concludes at 49.16, a -0.45 Surge/Decline

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $49.38 in the prior trading day, Roblox Corporation (NYSE: RBLX) closed at $49.16, down -0.45%. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 9.44 million shares were traded. RBLX stock price reached its highest trading level at $49.49 during the session, while it also had its lowest trading level at $47.95.

Ratios:

Our goal is to gain a better understanding of RBLX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.79. 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 the company, Morgan Stanley on November 04, 2024, Upgraded its rating to Overweight and sets its target price to $65 from $38 previously.

On September 09, 2024, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $47 to $51.

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 Nov 25 ’24 when MARK REINSTRA bought 7,000 shares for $49.38 per share.

Guthrie Michael sold 21,657 shares of RBLX for $1,113,855 on Nov 20 ’24. The Chief Financial Officer now owns 331,187 shares after completing the transaction at $51.43 per share. On Nov 20 ’24, another insider, Reinstra Mark, who serves as the Gen. Counsel & Secretary of the company, sold 16,480 shares for $51.43 each. As a result, the insider received 847,593 and left with 278,161 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 32259971072 and an Enterprise Value of 31684841472. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.60 while its Price-to-Book (P/B) ratio in mrq is 169.85. Its current Enterprise Value per Revenue stands at 9.42 whereas that against EBITDA is -33.539.

Stock Price History:

Over the past 52 weeks, RBLX has reached a high of $55.10, while it has fallen to a 52-week low of $29.55. The 50-Day Moving Average of the stock is 6.73%, while the 200-Day Moving Average is calculated to be 21.64%.

Shares Statistics:

The stock has traded on average 8.14M shares per day over the past 3-months and 10665080 shares per day over the last 10 days, according to various share statistics. A total of 581.13M shares are outstanding, with a floating share count of 529.72M. Insiders hold about 19.28% of the company’s shares, while institutions hold 63.56% stake in the company. Shares short for RBLX as of 1730332800 were 26973000 with a Short Ratio of 3.31, compared to 1727654400 on 31162504. Therefore, it implies a Short% of Shares Outstanding of 26973000 and a Short% of Float of 6.75.

Most Popular