In terms of market performance, Rocket Companies Inc had a fairly uneven. The highest value for the stock in the past year was $20.23 on 09/18/24, and the lowest value was recorded at $9.52 on 01/13/25.
52-week price history of RKT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Rocket Companies Inc’s current trading price is -33.87% away from its 52-week high, while its distance from the 52-week low is 40.55%. The stock’s price range during this period has spanned from $9.52 to $20.23. In the Financial sector, the Rocket Companies Inc’s shares surpassed a trading volume of approximately 4.84 million for the day, which was noticeably lower compared to the average daily volume of 9.5.18 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Rocket Companies Inc (RKT) has experienced a quarterly rise of 21.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.71B and boasts a workforce of 14200 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.24, with a change in price of -2.94. Similarly, Rocket Companies Inc recorded 4,380,859 in trading volume during the last 100 days, posting a change of -18.01%.
Examining RKT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for RKT stands at 19.89. Similarly, the long-term debt-to-equity ratio is also 15.19.
RKT Stock Stochastic Average
Today, Rocket Companies Inc’s raw stochastic average for the past 50 days stands at 56.85%, indicating a rise from the raw stochastic average of the last 20 days, which was 20.50%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 32.18% and 43.31% respectively.
RKT Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 25.57%. However, over the past six months, we’ve seen a stronger performance of -24.91%. The price of RKT fallen by 7.93% over the last 30 days. And in the last five days, it has fallen by -7.41%.
