The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Rocket Companies Inc’s current trading price is -35.55% away from its 52-week high, while its distance from the 52-week low is 36.98%. The stock’s price range for this period has been between $10.06 and $21.38 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 6.22 million for the day, a number notably higher than the average daily volume of 3.15 million over the last three months.
In terms of market performance, Rocket Companies Inc had a fairly even. The highest value for the stock in the past year was $21.38 on 09/18/24, and the lowest value was recorded at $10.06 on 01/13/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Rocket Companies Inc (RKT) has experienced a quarterly rise of 0.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.49B and boasts a workforce of 14700 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.91, with a change in price of -5.41. Similarly, Rocket Companies Inc recorded 3,316,426 in trading volume during the last 100 days, posting a change of -28.19%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RKT stands at 23.44. Similarly, the long-term debt-to-equity ratio is also 15.29.
RKT Stock Stochastic Average
Rocket Companies Inc’s raw stochastic average for the past 50 days is presently 97.64%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 95.83%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 86.51% and 79.16%, respectively.
RKT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 22.38% this year. Over the last six months, there has been a stronger performance of -30.19%. The price of RKT fallen by 14.64% during the last 30 days period. For the last 5-days stocks have improved 4.71%.
