For the readers interested in the stock health of Rover Group Inc. (ROVR). It is currently valued at $7.83. When the transactions were called off in the previous session, Stock hit the highs of $8.31, after setting-off with the price of $7.82. Company’s stock value dipped to $7.73 during the trading on the day. When the trading was stopped its value was $7.90.Recently in News on January 11, 2022, Rover Group, Inc. Reminds Warrant Holders of Upcoming Redemption Date on January 12, 2022. Rover Group, Inc. (“Rover”) (NASDAQ: ROVR), the world’s largest online marketplace for pet care, today announced that as of January 10, 2022, approximately 4.9 million of Rover ’s approximately 8.1 million outstanding public and private warrants (the “Warrants”) have been exercised. As previously announced on December 13, 2021, Rover provided notice to the registered holders of the Warrants that their Warrants will be redeemed in accordance with the terms of the warrant agreement governing the Warrants if they are not exercised before 5:00 p.m. New York City time on January 12, 2022 (the “Redemption Date”). 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, Rover Group Inc. shares are logging -49.78% during the 52-week period from high price, and 1.29% 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 $7.73 and $15.59.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 2359098 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Rover Group Inc. (ROVR) recorded performance in the market was -19.69%, having the revenues showcasing -35.92% 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 1.49B, as it employees total of 315 workers.
Market experts do have their say about Rover Group Inc. (ROVR)
During the last month, 5 analysts gave the Rover Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 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 11.77, with a change in the price was noted -2.17. In a similar fashion, Rover Group Inc. posted a movement of -21.70% for the period of last 100 days, recording 584,684 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 ROVR is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Rover Group Inc. (ROVR)
Raw Stochastic average of Rover Group Inc. in the period of last 50 days is set at 1.48%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 2.91%. In the last 20 days, the company’s Stochastic %K was 6.20% and its Stochastic %D was recorded 5.27%.
Bearing in mind the latest performance of Rover Group Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -19.69%. The shares increased approximately by -19.03% in the 7-day charts and went up by -22.01% in the period of the last 30 days. Common stock shares were lifted by -35.92% during last recorded quarter.