The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 19.80%.However, over the last six months, we can see a stronger performance of -4.53%. Over the last 30 days, the price of RKT has fallen by 6.02%. And in the last five days, it has surged by 9.38%.
Rocket Companies Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $20.23 on 09/18/24 and a low of $9.52 for the same time frame 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 -36.91% away from its 52-week high, while its distance from the 52-week low is 34.09%. 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 4.51 million for the day, a figure considerably lower than their average daily volume of 12.46 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Rocket Companies Inc (RKT) has experienced a quarterly rise of 2.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.53B and boasts a workforce of 14200 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.70, with a change in price of +1.05. Similarly, Rocket Companies Inc recorded 8,898,404 in trading volume during the last 100 days, posting a change of +8.84%.
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.
RKT Stock Stochastic Average
As of today, Rocket Companies Inc’s raw stochastic average for the last 50 days stands at 38.20%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 62.87%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 70.38% and 69.66%, respectively.
