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. This year’s metric has recorded a Price increase of 8.23%. However, over the past six months, we’ve seen a weaker performance of 36.12%. The price of RKT fallen by 13.52% over the last 30 days. And in the last five days, it has surged by 10.27%.
Currently, the stock price of Rocket Companies Inc (RKT) is $16.54. In the most recent trading session, the stock underwent a significant upswing, peaking at $17.0 after opening at $16.54. The stock touched a low of $12.0 before closing at $14.77.
Rocket Companies Inc’s stock has had a calm market performance.
52-week price history of RKT Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Rocket Companies Inc’s current trading price is -18.25% away from its 52-week high, while its distance from the 52-week low is 73.74%. The stock’s price range for this period has been between $9.52 and $20.23. The Financial sector company’s shares saw a trading volume of about 55.94 million for the day, which was higher than the average daily volume of 16.07 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Rocket Companies Inc (RKT) has experienced a quarterly rise of 29.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 34.81B and boasts a workforce of 14200 employees.
Expert Opinions: 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.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.48, with a change in price of +3.19. Similarly, Rocket Companies Inc recorded 15,372,063 in trading volume during the last 100 days, posting a change of +23.90%.
RKT’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 RKT stands at 2.73. Similarly, the long-term debt-to-equity ratio is also 2.73.
RKT Stock Stochastic Average
As of today, the raw stochastic average of Rocket Companies Inc over the past 50 days is 85.26%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 81.16%. Additionally, the Stochastic %K and %D values for the company were 51.77% and 45.30%, respectively, over the past 20 days.
