The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Rocket Companies Inc’s current trading price is -5.05% away from its 52-week high, while its distance from the 52-week low is 101.79%. The stock’s price range for this period has been between $9.52 and $20.23 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 30.09 million for the day, a number notably higher than the average daily volume of 17.33 million over the last three months.
The present stock price for Rocket Companies Inc (RKT) is $19.21. In the last trading session, the stock made a considerable jump, reaching $25.0 after an opening price of $19.21. The stock briefly fell to $12.0 before ending the session at $17.58.
In terms of market performance, Rocket Companies Inc had a fairly even. 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.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Rocket Companies Inc (RKT) has experienced a quarterly rise of 52.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.91B and boasts a workforce of 14200 employees.
Rocket Companies Inc: What Analysts Are Saying
As of right now, 2 analysts are 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.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.09, with a change in price of +7.14. Similarly, Rocket Companies Inc recorded 16,795,605 in trading volume during the last 100 days, posting a change of +59.15%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its 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 93.03%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 91.19%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.31% and 68.54%, respectively.
RKT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 5.18% this year. Over the last six months, there has been a weaker performance of 53.21%. The price of RKT fallen by 29.27% during the last 30 days period. For the last 5-days stocks have improved 3.67%.
