The stock price for Rocket Companies Inc (RKT) currently stands at $17.11. The stock experienced a substantial increase in the last session, hitting $22.0 after starting at $17.11. The stock’s lowest price was $12.0 before closing at $16.81.
Rocket Companies Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $20.23 on 09/18/24 and the lowest value was $9.52 on 01/13/25.
52-week price history of RKT Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Rocket Companies Inc’s current trading price is -15.43% away from its 52-week high, while its distance from the 52-week low is 79.73%. The stock’s price range during the 52-week period has remained between $9.52 and $20.23. In the Financial sector, the company’s shares saw a trading volume of around 9.82 million for the day, which was evidently lower than the average daily volume of 17.4 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 54.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.37B and boasts a workforce of 14200 employees.
A Closer Look at 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, 10 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 13.65, with a change in price of +1.84. Similarly, Rocket Companies Inc recorded 15,899,902 in trading volume during the last 100 days, posting a change of +12.05%.
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 2.73. Similarly, the long-term debt-to-equity ratio is also 2.36.
RKT Stock Stochastic Average
Rocket Companies Inc’s raw stochastic average for the past 50 days is presently 78.32%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 74.50%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 75.39% and 83.25%, respectively.
RKT Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 4.57%. However, over the past six months, we’ve seen a weaker performance of 42.03%. The price of RKT fallen by 25.07% over the last 30 days. And in the last five days, it has surged by 1.36%.
