The current stock price for Rocket Companies Inc (RKT) is $14.64. The stock experienced a significant increase during the last trading session, reaching $17.0 after opening at $14.69. It dipped to a low of $11.5 before ultimately closing at $13.99.
Rocket Companies Inc’s stock has had a calm market performance.
52-week price history of RKT Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Rocket Companies Inc’s current trading price is -27.62% away from its 52-week high, while its distance from the 52-week low is 53.82%. The stock’s price range during this period has fluctuated between $9.52 and $20.23. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 9.71 million for the day, which was evidently lower than the average daily volume of 13.2 million over the last three months.
Financial Performance and Market Capitalization
Rocket Companies Inc (RKT) has experienced a quarterly rise of 21.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.80B and boasts a workforce of 14200 employees.
Analysts’ Ratings For Rocket Companies Inc
As of right now, 1 analyst is rating Rocket Companies Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.36, with a change in price of +0.82. Similarly, Rocket Companies Inc recorded 13,018,550 in trading volume during the last 100 days, posting a change of +5.99%.
RKT Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation 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.
RKT Stock Stochastic Average
Rocket Companies Inc’s raw stochastic average for the past 50 days is currently at 85.98%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 71.25%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 47.25% and 32.85%, respectively.
RKT Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 2.48% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 31.81%. Over the past 30 days, the price of RKT has fallen by 6.19%. And in the last five days, it has surged by 4.97%.
