On Tuesday, Root Inc (NASDAQ: ROOT) opened higher 6.24% from the last session, before settling in for the closing price of $127.91. Price fluctuations for ROOT have ranged from $34.04 to $145.34 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 42.81%. Company’s average yearly earnings per share was noted -123.07% at the time writing. With a float of $7.98 million, this company’s outstanding shares have now reached $11.10 million.
Considering the fact that the conglomerate employs 1021 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.0%, operating margin of 6.67%, and the pretax margin is 2.63%.
Root Inc (ROOT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Insurance – Property & Casualty industry is another important factor to consider. The insider ownership of Root Inc is 47.52%, while institutional ownership is 32.88%. The most recent insider transaction that took place on Nov 19 ’24, was worth 400,000. In this transaction Chief Administrative Officer of this company sold 4,000 shares at a rate of $100.00, taking the stock ownership to the 60,571 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Director sold 2,000 for $96.33, making the entire transaction worth $192,666. This insider now owns 15,003 shares in total.
Root Inc (ROOT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -123.07% per share during the next fiscal year.
Root Inc (NASDAQ: ROOT) Trading Performance Indicators
Check out the current performance indicators for Root Inc (ROOT). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.76. Likewise, its price to free cash flow for the trailing twelve months is 10.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.57, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.81 in one year’s time.
Technical Analysis of Root Inc (ROOT)
Compared to the last year’s volume of 0.56 million, its volume of 0.95 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.23%. Additionally, its Average True Range was 14.16.
During the past 100 days, Root Inc’s (ROOT) raw stochastic average was set at 91.29%, which indicates a significant increase from 82.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 136.24% in the past 14 days, which was higher than the 117.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $101.11, while its 200-day Moving Average is $68.81. Nevertheless, the first resistance level for the watch stands at $143.81 in the near term. At $151.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $159.49. If the price goes on to break the first support level at $128.13, it is likely to go to the next support level at $120.37. Now, if the price goes above the second support level, the third support stands at $112.45.
Root Inc (NASDAQ: ROOT) Key Stats
There are currently 15,200K shares outstanding in the company with a market cap of 2.07 billion. Presently, the company’s annual sales total 1,177 M according to its annual income of 30,900 K. Last quarter, the company’s sales amounted to 326,700 K and its income totaled 22,100 K.
