A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 8.25% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 28.05%. Over the past 30 days, the price of RKT has fallen by 9.42%. And in the last five days, it has fallen by -4.05%.
Rocket Companies Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $20.23 on 09/18/24, while the lowest value for the same period was recorded at $9.52 on 01/13/25.
52-week price history of RKT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Rocket Companies Inc’s current trading price is -32.56% away from its 52-week high, while its distance from the 52-week low is 43.33%. The stock’s price range during this period has varied between$9.52 and $20.23. The Rocket Companies Inc’s shares, which operate in the Financial, saw a trading volume of around 5.53 million for the day, a figure considerably lower than their average daily volume of 13.62 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Rocket Companies Inc (RKT) has experienced a quarterly decline of -1.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 28.71B and boasts a workforce of 14200 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
RKT’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 RKT stands at 25.35. Similarly, the long-term debt-to-equity ratio is also 19.73.
