Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Rocket Pharmaceuticals Inc’s current trading price is -63.04% away from its 52-week high, while its distance from the 52-week low is 7.80%. The stock’s price range during this period has varied between $11.15 and $32.53. The company, active in the Healthcare sector, saw a trading volume of around 1.95 million for the day, considerably higher average daily volume of 1.05 million observed over the last three months.
Rocket Pharmaceuticals Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $32.53 on 12/28/23, and the lowest price during the same period was recorded at $11.15 on 12/20/24.
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How Financial Performance Impacts Market Capitalization
Rocket Pharmaceuticals Inc (RCKT) has experienced a quarterly decline of -31.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.28B and boasts a workforce of 268 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 16.73, with a change in price of -7.94. Similarly, Rocket Pharmaceuticals Inc recorded 986,877 in trading volume during the last 100 days, posting a change of -39.78%.
How RCKT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for RCKT stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.07.
RCKT Stock Stochastic Average
As of today, the raw stochastic average of Rocket Pharmaceuticals Inc over the past 50 days is 11.24%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 22.60%. Additionally, the Stochastic %K and %D values for the company were 16.71% and 12.95%, respectively, over the past 20 days.
RCKT Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -59.89% this year. Over the last six months, there has been a stronger performance of -43.91%. The price of RCKT leaped by -14.75% during the last 30 days period. For the last 5-days stocks have improved 2.39%.
