A new trading day began on Monday, with Roku Inc (NASDAQ: ROKU) stock price up 2.93% from the previous day of trading, before settling in for the closing price of $56.90. ROKU’s price has ranged from $51.62 to $108.84 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 37.91% over the past five years. Meanwhile, its annual earnings per share averaged 61.17%. With a float of $125.37 million, this company’s outstanding shares have now reached $126.12 million.
Let’s look at the performance matrix of the company that is accounted for 3150 employees.
Roku Inc (ROKU) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Roku Inc is 12.66%, while institutional ownership is 76.83%. The most recent insider transaction that took place on Apr 01 ’24, was worth 13,511. In this transaction VP, Corp Controller & CAO of this company sold 207 shares at a rate of $65.27, taking the stock ownership to the 5,368 shares. Before that another transaction happened on Mar 13 ’24, when Company’s Director bought 8,000 for $63.96, making the entire transaction worth $511,680. This insider now owns 8,000 shares in total.
Roku Inc (ROKU) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 61.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 43.00% during the next five years compared to -126.17% drop over the previous five years of trading.
Roku Inc (NASDAQ: ROKU) Trading Performance Indicators
Here are Roku Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.41. Likewise, its price to free cash flow for the trailing twelve months is 48.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.02, a number that is poised to hit -0.61 in the next quarter and is forecasted to reach -1.16 in one year’s time.
Technical Analysis of Roku Inc (ROKU)
Roku Inc (NASDAQ: ROKU) saw its 5-day average volume 3.39 million, a negative change from its year-to-date volume of 5.65 million. As of the previous 9 days, the stock’s Stochastic %D was 24.64%. Additionally, its Average True Range was 2.18.
During the past 100 days, Roku Inc’s (ROKU) raw stochastic average was set at 4.57%, which indicates a significant decrease from 34.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.44% in the past 14 days, which was lower than the 58.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.04, while its 200-day Moving Average is $78.33. Nevertheless, the first resistance level for the watch stands at $59.41 in the near term. At $60.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $61.88. If the price goes on to break the first support level at $56.94, it is likely to go to the next support level at $55.32. The third support level lies at $54.47 if the price breaches the second support level.
Roku Inc (NASDAQ: ROKU) Key Stats
With a market capitalization of 8.41 billion, the company has a total of 143,522K Shares Outstanding. Currently, annual sales are 3,485 M while annual income is -709,560 K. The company’s previous quarter sales were 984,420 K while its latest quarter income was -78,290 K.
