Romeo Power Inc. (RMO) is heading in the right direction with an average volume of $6.72M

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


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.


Citigroup Upgraded Nokia Oyj (NOK) To Buy with Price Target of $6.8

Nokia Oyj (NYSE: NOK), a communications equipment developer, is...

The Chart for Block Inc. (SQ) Stock Is Flashing Mixed Signals

In the first quarter, large investment funds expanded their...

What to Expect When Snap Inc. (SNAP) Reports Quarterly Earnings?

Snapchat, a social media platform owned by Snap Inc....

Getting Sustainable Earnings? Movado Group Inc. (MOV)

Movado Group Inc. (NYSE: MOV), the owner of the...



Don't miss

Chevron Corporation (CVX) provides details about its hydrogen future

The huge hydrogen investment plan of the oil and...

Healthy Upside Potential: Maxar Technologies Ltd. (MAXR)

In May 25 trading, shares of space business Maxar...

Atkore Inc. (ATKR) stock: Better Than You Think

Atkore Inc. (NYSE:ATKR), a manufacturer of infrastructure, electrical, and...

Provention Bio, Inc. (PRVB) Having a Robust Premarket After Abysmal Thursday

Provention Bio, Inc. (PRVB), a clinical stage biopharmaceutical company,...

No matter how cynical the overall market is, Salesforce Inc. (CRM) performance over the last week is recorded 11.06%

Salesforce Inc. (NYSE: CRM) on June 27, 2022, started off the session at the price of $186.11, plunging -2.48% from the previous trading day....

No matter how cynical the overall market is PLAYSTUDIOS Inc. (MYPS) performance over the last week is recorded -26.25%

June 27, 2022, PLAYSTUDIOS Inc. (NASDAQ: MYPS) trading session started at the price of $5.30, that was -18.08% drop from the session before. During...

$9.16M in average volume shows that Lufax Holding Ltd (LU) is heading in the right direction

On June 27, 2022, Lufax Holding Ltd (NYSE: LU) opened at $6.47, lower -0.95% from the last session. During the day, the shares moved...


Please enter your comment!
Please enter your name here




Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam