Rocket Companies Inc (NYSE: RKT) on Monday, plunged -3.98% from the previous trading day, before settling in for the closing price of $11.82. Within the past 52 weeks, RKT’s price has moved between $10.87 and $21.38.
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Financial Sector giant saw their annual sales surged by 25.90% over the last five years. The company achieved an average annual earnings per share of 405.09%. With a float of $135.07 million, this company’s outstanding shares have now reached $144.92 million.
The firm has a total of 14700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 97.91%, operating margin of 6.65%, and the pretax margin is -6.39%.
Rocket Companies Inc (RKT) Breakdown of a Key Holders of the stock
Observing investor behavior towards Mortgage Finance industry stocks is more important than anything else. The insider ownership of Rocket Companies Inc is 7.38%, while institutional ownership is 66.29%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 405.09% per share during the next fiscal year.
Rocket Companies Inc (NYSE: RKT) Trading Performance Indicators
Rocket Companies Inc (RKT) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.59 in one year’s time.
Technical Analysis of Rocket Companies Inc (RKT)
Analysing the last 5-days average volume posted by the [Rocket Companies Inc, RKT], we can find that recorded value of 4.85 million was better than the volume posted last year of 2.94 million. As of the previous 9 days, the stock’s Stochastic %D was 14.30%. Additionally, its Average True Range was 0.58.
During the past 100 days, Rocket Companies Inc’s (RKT) raw stochastic average was set at 0.59%, which indicates a significant decrease from 2.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.43% in the past 14 days, which was lower than the 48.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.71, while its 200-day Moving Average is $15.28. Now, the first resistance to watch is $11.66. This is followed by the second major resistance level at $11.98. The third major resistance level sits at $12.16. If the price goes on to break the first support level at $11.16, it is likely to go to the next support level at $10.98. Now, if the price goes above the second support level, the third support stands at $10.66.
Rocket Companies Inc (NYSE: RKT) Key Stats
Market capitalization of the company is 23.01 billion based on 1,994,715K outstanding shares. Right now, sales total 3,799 M and income totals -15,510 K. The company made 646,950 K in profit during its latest quarter, and -22,010 K in sales during its previous quarter.
