A new trading day began on Monday, with Root Inc (NASDAQ: ROOT) stock price up 4.41% from the previous day of trading, before settling in for the closing price of $120.00. ROOT’s price has ranged from $34.04 to $181.14 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
During the last 5-year period, the sales growth of Financial Sector giant was 42.81%. Meanwhile, its annual earnings per share averaged -109.70%. With a float of $8.13 million, this company’s outstanding shares have now reached $11.10 million.
Let’s determine the extent of company efficiency that accounts for 1021 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Root Inc is 46.52%, while institutional ownership is 32.86%. The most recent insider transaction that took place on Apr 02 ’25, was worth 917,507. In this transaction Chief Executive Officer of this company sold 7,353 shares at a rate of $124.78, taking the stock ownership to the 176,899 shares. Before that another transaction happened on Apr 01 ’25, when Company’s Chief Executive Officer sold 1,144 for $134.01, making the entire transaction worth $153,307. This insider now owns 161,625 shares in total.
Root Inc (ROOT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -109.70% per share during the next fiscal year.
Root Inc (NASDAQ: ROOT) Trading Performance Indicators
Here are Root Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62. Likewise, its price to free cash flow for the trailing twelve months is 9.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.57, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 0.97 in one year’s time.
Technical Analysis of Root Inc (ROOT)
Looking closely at Root Inc (NASDAQ: ROOT), its last 5-days average volume was 0.69 million, which is a jump from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 58.74%. Additionally, its Average True Range was 14.21.
During the past 100 days, Root Inc’s (ROOT) raw stochastic average was set at 50.43%, which indicates a significant increase from 33.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.93% in the past 14 days, which was higher than the 93.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $128.24, while its 200-day Moving Average is $79.51. However, in the short run, Root Inc’s stock first resistance to watch stands at $131.52. Second resistance stands at $137.75. The third major resistance level sits at $143.01. If the price goes on to break the first support level at $120.03, it is likely to go to the next support level at $114.77. Now, if the price goes above the second support level, the third support stands at $108.54.
Root Inc (NASDAQ: ROOT) Key Stats
With a market capitalization of 1.90 billion, the company has a total of 15,200K Shares Outstanding. Currently, annual sales are 1,177 M while annual income is 30,900 K. The company’s previous quarter sales were 326,700 K while its latest quarter income was 22,100 K.
