Romeo Power Inc. (NYSE: RMO) started the day on May 26, 2022, with a price decrease of -0.87% at $0.81. During the day, the stock rose to $0.875 and sunk to $0.7798 before settling in for the price of $0.81 at the close. Taking a more long-term approach, RMO posted a 52-week range of $0.79-$10.74.
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Nevertheless, stock’s Earnings Per Share (EPS) this year is 175.60%. This publicly-traded company’s shares outstanding now amounts to $135.26 million, simultaneously with a float of $125.31 million. The organization now has a market capitalization sitting at $125.93 million. At the time of writing, stock’s 50-day Moving Average stood at $1.2246, while the 200-day Moving Average is $3.1377.
It is quite necessary to find out the efficiency of the corporate organization, which has 293 number of employees on its payroll. For the Profitability, stocks gross margin was -127.04, operating margin was -698.02 and Pretax Margin of +59.74.
Romeo Power Inc. (RMO) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Auto Parts Industry. Romeo Power Inc.’s current insider ownership accounts for 9.00%, in contrast to 41.70% institutional ownership. According to the most recent insider trade that took place on Mar 01, this organization’s 10% Owner sold 1,654,954 shares at the rate of 1.71, making the entire transaction reach 2,834,274 in total value, affecting insider ownership by 11,905,000. Preceding that transaction, on Feb 28, Company’s 10% Owner sold 1,420,046 for 1.80, making the whole transaction’s value amount to 2,561,337. This particular insider is now the holder of 13,559,954 in total.
Romeo Power Inc. (RMO) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2022, the organization reported -$0.34 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.3) by -$0.04. This company achieved a net margin of +59.69 while generating a return on equity of 4.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.
Romeo Power Inc.’s EPS increase for this current 12-month fiscal period is 175.60% and is forecasted to reach -0.77 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 2.90. The Stock has managed to achieve an average true range (ATR) of 0.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.61.
In the same vein, RMO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.21, a figure that is expected to reach -0.30 in the next quarter, and analysts are predicting that it will be -0.77 at the market close of one year from today.
Technical Analysis of Romeo Power Inc. (RMO)
If we take a close look at the recent performances of Romeo Power Inc. (NYSE: RMO), its last 5-days Average volume was 4.37 million that shows plunge from its year to date volume of 5.97 million. During the previous 9 days, stock’s Stochastic %D was recorded 7.76% While, its Average True Range was 0.1026.
Raw Stochastic average of Romeo Power Inc. (RMO) in the period of the previous 100 days is set at 0.84%, which indicates a major fall in contrast to 7.05% 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 89.29% that was lower than 103.08% volatility it exhibited in the past 100-days period.
