As on July 23, 2021, Romeo Power Inc. (NYSE: RMO) started slowly as it slid -1.69% to $6.98. During the day, the stock rose to $7.07 and sunk to $6.835 before settling in for the price of $7.10 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 $88.35 million. The organization now has a market capitalization sitting at $931.48 million. At the time of writing, stock’s 50-day Moving Average stood at $8.10, while the 200-day Moving Average is $12.53.
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 9.00%, in contrast to 21.00% institutional ownership. According to the most recent insider trade that took place on Jun 29, this organization’s Former 10% Owner/ Exec.Officer sold 750,000 shares at the rate of 8.22, making the entire transaction reach 6,167,700 in total value, affecting insider ownership by 11,628,823. Preceding that transaction, on Jun 28, Company’s Former 10% Owner/ Exec.Officer sold 1,862,399 for 8.51, making the whole transaction’s value amount to 15,846,002. This particular insider is now the holder of 12,378,823 in total.
Romeo Power Inc. (RMO) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2021, the company posted $0.66 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.1) by $0.76. 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 0.42. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 846.80.
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)
Through scrutinizing the latest numbers posted by the [Romeo Power Inc., RMO], it can be observed that its last 5-days Average volume of 2.26 million was lower the volume of 7.21 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 51.09% While, its Average True Range was 0.43.
Raw Stochastic average of Romeo Power Inc. (RMO) in the period of the previous 100 days is set at 7.85%, which indicates a major fall in contrast to 33.89% 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 53.80% that was lower than 112.73% volatility it exhibited in the past 100-days period.