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.

Elon Musk just Triggered a BOOM in These Stocks

Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"

Click Here to Download the FREE Report.


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.


On What Basis Did Swvl Holdings Corp (SWVL) Stock Rise 47% Pre-Hours?

When last checked, Swvl Holdings Corp. (Nasdaq: SWVL), a...

What Drove Organovo (ONVO) Stock Up 15% In After-Hour Session On Tuesday?

Shares of Organovo Holdings Inc. (Nasdaq: ONVO) were up...

Is There Any Reason As To Why The Zai Lab (ZLAB) Stock Expanded By 13%?

The biopharmaceutical business Zai Lab Limited (NASDAQ: ZLAB), which...



Don't miss

Wearable Devices (WLDS) Stock Rose 12% On Tuesday, But On What Basis?

Wearable Devices Ltd (NASD: WLDS) is experiencing significant growth...

Did Anything Boost ObsEva (OBSV) Stock In Pre-Hours Trading?

Following an update, shares of ObsEva SA (NASD: OBSV)...

How Did The Kalera (KAL) Stock Rise 32% Pre-Hours?

At the time of the most recent check, shares...

Why Has Selina Hospitality (SLNA) Stock Increased In Extended Session On Friday?

The stock of Selina Hospitality PLC (NASD: SLNA), which...

Rocket Pharmaceuticals Inc (RCKT) surge 12.73% in a week: will this be a lucky break through?

Rocket Pharmaceuticals Inc (NASDAQ: RCKT) started the day on December 07, 2023, with a price increase of 1.82% at $26.30. During the day, the...

California Resources Corporation (CRC) Open at price of $49.34: A Brand-New Opportunity for Investors

California Resources Corporation (NYSE: CRC) open the trading on December 07, 2023, with a bit cautious approach as it glided -0.14% to $49.12. During...

Wayfair Inc (W) Open at price of $52.35: A Brand-New Opportunity for Investors

Witnessing the stock’s movement on the chart, on December 07, 2023, Wayfair Inc (NYSE: W) remained unchanged to $53.07. During the day, the stock...


Please enter your comment!
Please enter your name here