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. The index has shown a price gain of 18.34% this year. Over the last six months, there has been a stronger performance of -18.80%. The price of RKT leaped by -4.18% during the last 30 days period. For the last 5-days stocks have improved 9.18%.
In terms of market performance, Rocket Companies Inc had a somewhat regular. The highest value for the stock in the past year was $20.23 on 09/18/24, while the lowest value was $9.52 on 01/13/25.
52-week price history of RKT Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Rocket Companies Inc’s current trading price is -37.67% away from its 52-week high, while its distance from the 52-week low is 32.46%. The stock’s price range for this period has been between $9.52 and $20.23. The Financial sector company’s shares saw a trading volume of about 6.11 million for the day, which was lower than the average daily volume of 9.7 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Rocket Companies Inc (RKT) has experienced a quarterly rise of 4.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.21B and boasts a workforce of 14200 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 12.77, with a change in price of -1.92. Similarly, Rocket Companies Inc recorded 7,168,286 in trading volume during the last 100 days, posting a change of -13.21%.
RKT’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 RKT stands at 19.89. Similarly, the long-term debt-to-equity ratio is also 15.19.
RKT Stock Stochastic Average
As of today, the raw stochastic average of Rocket Companies Inc over the last 50 days is at 33.13%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 33.13%. Further, the company’s Stochastic %K and %D values for the last 20 days were 38.23% and 34.90%, respectively.
