A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 4.61%.However, over the last six months, we can see a weaker performance of 4.74%. Over the last 30 days, the price of RKLB has fallen by 20.46%. And in the last five days, it has surged by 4.82%.
Rocket Lab Corp’s stock has had a calm market performance.
52-week price history of RKLB Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Rocket Lab Corp’s current trading price is -20.08% away from its 52-week high, while its distance from the 52-week low is 535.16%. The stock’s price range over this timeframe has been between $4.20 and $33.34. The shares of the Industrials sector company recorded a trading volume of approximately 6.69 million for the day, which was comparatively lower than the average daily volume of 16.72 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Rocket Lab Corp (RKLB) has experienced a quarterly rise of 42.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.29B and boasts a workforce of 2100 employees.
How Moving Averages and Trading Volume Data Work Together
RKLB’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for RKLB stands at 1.14. Similarly, the long-term debt-to-equity ratio is also 1.09.
