As on April 06, 2021, Romeo Power Inc. (NYSE: RMO) got off with the flyer as it spiked 59.60% to $12.80. During the day, the stock rose to $13.64 and sunk to $8.41 before settling in for the price of $8.02 at the close. Taking a more long-term approach, RMO posted a 52-week range of $7.71-$38.90.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.80%. This publicly-traded company’s shares outstanding now amounts to $126.79 million, simultaneously with a float of $102.31 million. The organization now has a market capitalization sitting at $1.63 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.09, while the 200-day Moving Average is $13.34.
Romeo Power Inc. (RMO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Auto Parts industry. Romeo Power Inc.’s current insider ownership accounts for 25.20%, in contrast to 9.20% institutional ownership.
Romeo Power Inc. (RMO) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2020, the company posted -$0.24 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.13) by -$0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
Romeo Power Inc.’s EPS increase for this current 12-month fiscal period is 14.80% and is forecasted to reach -0.41 in the upcoming year.
Romeo Power Inc. (NYSE: RMO) Trading Performance Indicators
Let’s observe the current performance indicators for Romeo Power Inc. (RMO). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 1.47. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 181.93.
In the same vein, RMO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.01, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.41 at the market close of one year from today.
Technical Analysis of Romeo Power Inc. (RMO)
Through scrutinizing the latest numbers posted by the [Romeo Power Inc., RMO], it can be observed that its last 5-days Average volume of 51.91 million was better the volume of 9.68 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 31.15% While, its Average True Range was 1.61.
Raw Stochastic average of Romeo Power Inc. (RMO) in the period of the previous 100 days is set at 16.32%, which indicates a major fall in contrast to 85.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 229.19% that was higher than 151.52% volatility it exhibited in the past 100-days period.