kicked off on Monday, with Rocket Pharmaceuticals Inc (NASDAQ: RCKT) stock price up 3.56% from the previous day of trading, before settling in for the closing price of $8.43. RCKT’s price has ranged from $8.06 to $27.98 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 14.70%. With a float of $98.97 million, this company’s outstanding shares have now reached $106.45 million.
In an organization with 299 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Rocket Pharmaceuticals Inc (RCKT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Rocket Pharmaceuticals Inc is 7.18%, while institutional ownership is 101.06%. The most recent insider transaction that took place on Feb 25 ’25, was worth 69,109. In this transaction an insider of this company sold 6,532 shares at a rate of $10.58, taking the stock ownership to the 237,638 shares. Before that another transaction happened on May 17 ’24, when Company’s insider sold 2,754 for $23.35, making the entire transaction worth $64,306. This insider now owns 169,659 shares in total.
Rocket Pharmaceuticals Inc (RCKT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 14.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 73.89% during the next five years compared to -11.60% drop over the previous five years of trading.
Rocket Pharmaceuticals Inc (NASDAQ: RCKT) Trading Performance Indicators
Here are Rocket Pharmaceuticals Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 9.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.73, a number that is poised to hit -0.59 in the next quarter and is forecasted to reach -1.54 in one year’s time.
Technical Analysis of Rocket Pharmaceuticals Inc (RCKT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.63 million. That was better than the volume of 1.48 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 50.66%. Additionally, its Average True Range was 0.52.
During the past 100 days, Rocket Pharmaceuticals Inc’s (RCKT) raw stochastic average was set at 6.63%, which indicates a significant decrease from 51.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.13% in the past 14 days, which was higher than the 52.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.86, while its 200-day Moving Average is $16.04. However, in the short run, Rocket Pharmaceuticals Inc’s stock first resistance to watch stands at $8.87. Second resistance stands at $9.02. The third major resistance level sits at $9.25. If the price goes on to break the first support level at $8.49, it is likely to go to the next support level at $8.26. The third support level lies at $8.11 if the price breaches the second support level.
Rocket Pharmaceuticals Inc (NASDAQ: RCKT) Key Stats
With a market capitalization of 930.88 million, the company has a total of 106,630K Shares Outstanding. Currently, annual sales are 0 K while annual income is -258,750 K. The company’s previous quarter sales were 0 K while its latest quarter income was -60,330 K.
