ROK’s 2023 Market Dance: Down -10.23% – Time to Invest?

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -10.23%. However, over the last six months, the performance has been stronger by -8.26%. The price of ROK decreased -8.01% over the last 30 days. And in the last five days, it has surged by 5.97%.

Rockwell Automation Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $348.52 on 07/18/23, and the lowest price during the same period was recorded at $252.11 on 01/31/24.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

52-week price history of ROK Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Rockwell Automation Inc’s current trading price is -20.03% away from its 52-week high, while its distance from the 52-week low is 10.55%. The stock’s price range over this timeframe has been between $252.11 and $348.52. The shares of the Industrials sector company recorded a trading volume of approximately 2.03 million for the day, which was comparatively higher than the average daily volume of 0.93 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Rockwell Automation Inc (ROK) has experienced a quarterly rise of 8.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.94B and boasts a workforce of 29000 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 284.25, with a change in price of -6.49. Similarly, Rockwell Automation Inc recorded 910,794 in trading volume during the last 100 days, posting a change of -2.28%.

ROK’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ROK stands at 1.04. Similarly, the long-term debt-to-equity ratio is also 0.87.

ROK Stock Stochastic Average

The raw stochastic average for Rockwell Automation Inc over the last 50 days is presently at 43.86%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 47.85%. Further, the company’s Stochastic %K and %D values for the last 20 days were 30.81% and 25.65%, respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts