Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 14.04%.However, over the last six months, we can see a weaker performance of 58.41%. Over the last 30 days, the price of ROKU has fallen by 10.59%. And in the last five days, it has surged by 3.83%.
Roku Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $99.80 on 02/13/24, while the lowest price for the same period was registered at $48.33 on 08/05/24.
52-week price history of ROKU Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Roku Inc’s current trading price is -15.05% away from its 52-week high, while its distance from the 52-week low is 75.42%. The stock’s price range during this period has varied between$48.33 and $99.80. The Roku Inc’s shares, which operate in the Communication Services, saw a trading volume of around 3.16 million for the day, a figure considerably lower than their average daily volume of 3.25 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Roku Inc (ROKU) has experienced a quarterly rise of 14.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.31B and boasts a workforce of 3150 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 76.98, with a change in price of +7.42. Similarly, Roku Inc recorded 3,422,304 in trading volume during the last 100 days, posting a change of +9.59%.
ROKU’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ROKU stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.22.
ROKU Stock Stochastic Average
Roku Inc’s raw stochastic average for the past 50 days is presently 71.60%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 59.08%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 56.15% and 63.51%, respectively.
