On Friday, Rocket Companies Inc (NYSE: RKT) opened higher 4.64% from the last session, before settling in for the closing price of $18.75. Price fluctuations for RKT have ranged from $7.17 to $21.28 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 25.90%. Company’s average yearly earnings per share was noted 509.53% at the time writing. With a float of $121.27 million, this company’s outstanding shares have now reached $135.81 million.
Considering the fact that the conglomerate employs 14700 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 97.47%, operating margin of 12.7%, and the pretax margin is 8.44%.
Rocket Companies Inc (RKT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Mortgage Finance industry is another important factor to consider. The insider ownership of Rocket Companies Inc is 13.86%, while institutional ownership is 67.27%. The most recent insider transaction that took place on Jun 28 ’24, was worth 4,385. In this transaction Director of this company bought 318 shares at a rate of $13.79, taking the stock ownership to the 707,528 shares. Before that another transaction happened on Jun 27 ’24, when Company’s Director bought 316 for $13.80, making the entire transaction worth $4,361. This insider now owns 707,210 shares in total.
Rocket Companies Inc (RKT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 509.53% per share during the next fiscal year.
Rocket Companies Inc (NYSE: RKT) Trading Performance Indicators
Check out the current performance indicators for Rocket Companies Inc (RKT). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.08, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.59 in one year’s time.
Technical Analysis of Rocket Companies Inc (RKT)
Compared to the last year’s volume of 2.73 million, its volume of 3.62 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.77%. Additionally, its Average True Range was 0.84.
During the past 100 days, Rocket Companies Inc’s (RKT) raw stochastic average was set at 82.54%, which indicates a significant increase from 43.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.71% in the past 14 days, which was lower than the 45.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.37, while its 200-day Moving Average is $13.99. Nevertheless, the first resistance level for the watch stands at $20.27 in the near term. At $20.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.63. If the price goes on to break the first support level at $18.91, it is likely to go to the next support level at $18.19. Now, if the price goes above the second support level, the third support stands at $17.55.
Rocket Companies Inc (NYSE: RKT) Key Stats
There are currently 1,988,356K shares outstanding in the company with a market cap of 2.76 billion. Presently, the company’s annual sales total 3,799 M according to its annual income of -15,510 K. Last quarter, the company’s sales amounted to 1,301 M and its income totaled 1,290 K.
