Robinhood Markets Inc (HOOD) is destined for greater heights as its last quarter sales were 618,000 K

On Friday, Robinhood Markets Inc (NASDAQ: HOOD) opened higher 0.53% from the last session, before settling in for the closing price of $22.59. Price fluctuations for HOOD have ranged from $7.91 to $24.28 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Financial sector saw sales topped by 87.20%. Company’s average yearly earnings per share was noted 184.42% at the time writing. With a float of $539.34 million, this company’s outstanding shares have now reached $745.40 million.

The extent of productivity of a business whose workforce counts for 2200 workers is very important to gauge.

Robinhood Markets Inc (HOOD) Insider Updates

A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Robinhood Markets Inc is 37.93%, while institutional ownership is 45.74%. The most recent insider transaction that took place on Jun 20 ’24, was worth 2,622,712. In this transaction Director of this company sold 121,226 shares at a rate of $21.63, taking the stock ownership to the 0 shares. Before that another transaction happened on Jun 04 ’24, when Company’s Chief Executive Officer sold 250,000 for $21.03, making the entire transaction worth $5,258,275. This insider now owns 0 shares in total.

Robinhood Markets Inc (HOOD) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.03 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.01) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 184.42% per share during the next fiscal year.

Robinhood Markets Inc (NASDAQ: HOOD) Trading Performance Indicators

Check out the current performance indicators for Robinhood Markets Inc (HOOD). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.15, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.54 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 13.88 million was inferior to 16.37 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 62.76%. Additionally, its Average True Range was 1.09.

During the past 100 days, Robinhood Markets Inc’s (HOOD) raw stochastic average was set at 88.58%, which indicates a significant increase from 53.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.40% in the past 14 days, which was lower than the 56.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.90, while its 200-day Moving Average is $14.23. Now, the first resistance to watch is $23.08. This is followed by the second major resistance level at $23.46. The third major resistance level sits at $23.83. If the price goes on to break the first support level at $22.34, it is likely to go to the next support level at $21.97. Assuming the price breaks the second support level, the third support level stands at $21.59.

Robinhood Markets Inc (NASDAQ: HOOD) Key Stats

There are currently 878,836K shares outstanding in the company with a market cap of 19.96 billion. Presently, the company’s annual sales total 1,865 M according to its annual income of -541,000 K. Last quarter, the company’s sales amounted to 618,000 K and its income totaled 157,000 K.