On Tuesday, Rocket Pharmaceuticals Inc (NASDAQ: RCKT) opened lower -2.27% from the last session, before settling in for the closing price of $10.11. Price fluctuations for RCKT have ranged from $9.90 to $31.47 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
Company’s average yearly earnings per share was noted 4.47% at the time writing. With a float of $98.19 million, this company’s outstanding shares have now reached $106.34 million.
The extent of productivity of a business whose workforce counts for 268 workers is very important to gauge. In terms of profitability, gross margin is 5.46%, operating margin of -2655.06%, and the pretax margin is -2502.71%.
Rocket Pharmaceuticals Inc (RCKT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Rocket Pharmaceuticals Inc is 7.66%, while institutional ownership is 88.54%. The most recent insider transaction that took place on Jan 31 ’25, was worth 30,943. Before that another transaction happened on Jan 23 ’25, when Company’s insider sold 896 for $10.38, making the entire transaction worth $9,300. This insider now owns 48,414 shares in total.
Rocket Pharmaceuticals Inc (RCKT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.86% during the next five years compared to -9.09% drop over the previous five years of trading.
Rocket Pharmaceuticals Inc (NASDAQ: RCKT) Trading Performance Indicators
Check out the current performance indicators for Rocket Pharmaceuticals Inc (RCKT). In the past quarter, the stock posted a quick ratio of 6.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.75, a number that is poised to hit -0.72 in the next quarter and is forecasted to reach -2.22 in one year’s time.
Technical Analysis of Rocket Pharmaceuticals Inc (RCKT)
The latest stats from [Rocket Pharmaceuticals Inc, RCKT] show that its last 5-days average volume of 1.4 million was inferior to 1.55 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 12.97%. Additionally, its Average True Range was 0.63.
During the past 100 days, Rocket Pharmaceuticals Inc’s (RCKT) raw stochastic average was set at 1.14%, which indicates a significant decrease from 8.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.85% in the past 14 days, which was lower than the 53.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.75, while its 200-day Moving Average is $17.88. Now, the first resistance to watch is $10.11. This is followed by the second major resistance level at $10.33. The third major resistance level sits at $10.52. If the price goes on to break the first support level at $9.70, it is likely to go to the next support level at $9.51. The third support level lies at $9.29 if the price breaches the second support level.
Rocket Pharmaceuticals Inc (NASDAQ: RCKT) Key Stats
There are currently 91,157K shares outstanding in the company with a market cap of 1.05 billion. Presently, the company’s annual sales total 0 K according to its annual income of -245,600 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -66,720 K.