Investors must take note of Robinhood Markets Inc’s (HOOD) performance last week, which was -2.17%.

Robinhood Markets Inc (NASDAQ: HOOD) kicked off on November 20, 2023, at the price of $8.10, up 0.37% from the previous trading day. During the day, the shares moved up to $8.27 and dropped to $7.985 before settling in for the closing price of $8.10. Over the past 52 weeks, HOOD has traded in a range of $7.57-$13.23.

It was noted that within the last five years, the titan of the Technology sector saw sales topped by 104.07%. While this was happening, its average annual earnings per share was recorded 44.03%. With a float of $456.18 million, this company’s outstanding shares have now reached $764.89 million.

The extent of productivity of a business whose workforce counts for 2300 workers is very important to gauge.

Robinhood Markets Inc (HOOD) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Robinhood Markets Inc is 47.25%, while institutional ownership is 36.51%. The most recent insider transaction that took place on Nov 13, was worth 883,617. In this transaction Chief Creative Officer of this company sold 106,319 shares at a rate of $8.31, taking the stock ownership to the 296,105 shares. Before that another transaction happened on Nov 06, when Company’s Chief Executive Officer sold 83,333 for $9.61, making the entire transaction worth $800,772. This insider now owns 541,134 shares in total.

Robinhood Markets Inc (HOOD) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported -$0.09 earnings per share (EPS), higher than consensus estimate (set at -$0.1) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 44.03% per share during the next fiscal year.

Robinhood Markets Inc (NASDAQ: HOOD) Trading Performance Indicators

Take a look at Robinhood Markets Inc’s (HOOD) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.92.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.09 in one year’s time.

Technical Analysis of Robinhood Markets Inc (HOOD)

The latest stats from [Robinhood Markets Inc, HOOD] show that its last 5-days average volume of 11.56 million was superior to 7.95 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 11.19%. Additionally, its Average True Range was 0.38.

During the past 100 days, Robinhood Markets Inc’s (HOOD) raw stochastic average was set at 4.14%, which indicates a significant decrease from 11.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.54% in the past 14 days, which was higher than the 45.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.40, while its 200-day Moving Average is $9.90. Now, the first resistance to watch is $8.27. This is followed by the second major resistance level at $8.41. The third major resistance level sits at $8.56. If the price goes on to break the first support level at $7.99, it is likely to go to the next support level at $7.84. The third support level lies at $7.70 if the price breaches the second support level.

Robinhood Markets Inc (NASDAQ: HOOD) Key Stats

The company with the Market Capitalisation of 7.03 billion has total of 864,782K Shares Outstanding. Its annual sales at the moment are 1,358 M in contrast with the sum of -1,028 M annual income. Company’s last quarter sales were recorded 467,000 K and last quarter income was -85,000 K.