At the end of the latest market close, Rocket Lab USA Inc. (RKLB) was valued at $12.99. In that particular session, Stock kicked-off at the price of $13.004 while reaching the peak value of $13.13 and lowest value recorded on the day was $12.77. The stock current value is $13.44.Recently in News on October 20, 2021, Rocket Lab Announces Date of Third Quarter 2021 Financial Results. Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced that it will report its financial results for the third quarter 2021 following the close of the U.S. markets on Monday, November 15, 2021. Rocket Lab will host a corresponding conference call the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Rocket Lab USA Inc. shares are logging -37.01% during the 52-week period from high price, and 41.48% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.50 and $21.34.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1360906 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Rocket Lab USA Inc. (RKLB) recorded performance in the market was 28.49%, having the revenues showcasing 24.19% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.68B, as it employees total of 531 workers.
Analysts verdict on Rocket Lab USA Inc. (RKLB)
During the last month, 0 analysts gave the Rocket Lab USA Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 12.05, with a change in the price was noted +3.64. In a similar fashion, Rocket Lab USA Inc. posted a movement of +35.86% for the period of last 100 days, recording 2,968,153 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for RKLB is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Rocket Lab USA Inc. (RKLB): Technical Analysis
Raw Stochastic average of Rocket Lab USA Inc. in the period of last 50 days is set at 36.23%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 37.59%. In the last 20 days, the company’s Stochastic %K was 25.06% and its Stochastic %D was recorded 18.41%.
Let’s take a glance in the erstwhile performances of Rocket Lab USA Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 28.49%. The shares 4.76% in the 7-day charts and went up by -7.54% in the period of the last 30 days. Common stock shares were driven by 24.19% during last recorded quarter.