No matter how cynical the overall market is Romeo Power Inc. (RMO) performance over the last week is recorded 7.63%
Romeo Power Inc. (NYSE: RMO) open the trading on June 09, 2021, with a bit cautious approach as it glided -4.26% to $9.88. During the day, the stock rose to $10.74 and sunk to $9.78 before settling in for the price of $10.32 at the close. Taking a more long-term approach, RMO posted a 52-week range of $6.33-$38.90.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -234.70%. This publicly-traded company’s shares outstanding now amounts to $128.79 million, simultaneously with a float of $87.47 million. The organization now has a market capitalization sitting at $1.35 billion. At the time of writing, stock’s 50-day Moving Average stood at $8.53, while the 200-day Moving Average is $12.93.
Let’s gauge the efficiency of the firm, which has a total of 164 employees. For the Profitability, stocks gross margin was -100.19, operating margin was -382.48 and Pretax Margin of -57.22.
Romeo Power Inc. (RMO) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Auto Parts industry. Romeo Power Inc.’s current insider ownership accounts for 24.40%, in contrast to 19.70% institutional ownership. According to the most recent insider trade that took place on May 28, this organization’s Chief Operating Officer sold 140,000 shares at the rate of 8.46, making the entire transaction reach 1,184,400 in total value, affecting insider ownership by 0.
Romeo Power Inc. (RMO) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 3/30/2021 suggests? It has posted $0.66 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.1) by $0.76. This company achieved a net margin of -84.88 while generating a return on equity of -3.62. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.18 per share during the current fiscal year.
Romeo Power Inc.’s EPS decrease for this current 12-month fiscal period is -234.70% and is forecasted to reach -0.74 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 15.50. The Stock has managed to achieve an average true range (ATR) of 0.74. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1231.14.
In the same vein, RMO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.55, a figure that is expected to reach -0.16 in the next quarter, and analysts are predicting that it will be -0.74 at the market close of one year from today.
Technical Analysis of Romeo Power Inc. (RMO)
[Romeo Power Inc., RMO] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 80.56% While, its Average True Range was 0.79.
Raw Stochastic average of Romeo Power Inc. (RMO) in the period of the previous 100 days is set at 20.86%, which indicates a major fall in contrast to 74.78% 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 58.28% that was lower than 125.08% volatility it exhibited in the past 100-days period.