Home  »  Industry   »  Who are the Institutional Holders in Romeo Power I...

Who are the Institutional Holders in Romeo Power Inc. (RMO)?

57 institutions hold shares in Romeo Power Inc. (RMO), with 126.89M shares held by insiders accounting for 55.01% while institutional investors hold 196.53% of the company’s shares. Institutions hold 88.41% of the Float.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Romeo Power Inc. (NYSE: RMO) is -51.62% lower on its value in year-to-date trading and has touched a low of $8.42 and a high of $38.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RMO stock was last observed hovering at around $11.49 in the last trading session, with the day’s loss setting it -0.61% off its average median price target of $18.00 for the next 12 months. It is also 72.8% off the consensus price target high of $40.00 offered by 5 analysts, but current levels are 9.33% higher than the price target low of $12.00 for the same period.

Currently trading at $10.88, the stock is -10.63% and -29.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.92 million and changing -5.31% at the moment leaves the stock -18.51% off its SMA200. RMO registered 7.94% gain for a year compared to 6-month gain of 1.78%. The firm has a 50-day simple moving average (SMA 50) of $13.53 and a 200-day simple moving average (SMA200) of $14.81.

The stock witnessed a -11.76% loss in the last 1 month and extending the period to 3 months gives it a -68.00%, and is -16.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.08% over the week and 10.37% over the month.

Romeo Power Inc. (RMO) has around 5 employees, a market worth around $1.39B and $7.46M in sales. Current P/E ratio is 836.92. Distance from 52-week low is 29.22% and -72.03% from its 52-week high.

Romeo Power Inc. (RMO) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Romeo Power Inc. (RMO) is a “Overweight”. 5 analysts offering their recommendations for the stock have an average rating of 2.20, where 0 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Romeo Power Inc. quarterly earnings per share for the current quarter are estimated at -$0.13 with sales reaching $8M over the same period..

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Related Posts

How does pre market trading work?

In pre-market trading, trades are made before the main market session opens. Pre-market trading is typically done between 8:00 a.m. and 9:30 a.m. EST. Market




Download Free eBook For

100% free. stop anytime no spam