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Roku Inc. (ROKU) Stock Could Soon Reward Patient Investors

Roku Inc. (NASDAQ: ROKU) is 28.72% higher on its value in year-to-date trading and has touched a low of $38.26 and a high of $179.68 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ROKU stock was last observed hovering at around $49.94 in the last trading session, with the day’s gains setting it 2.45%.

Currently trading at $52.39, the stock is 17.64% and 4.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.85 million and changing 4.91% at the moment leaves the stock -28.26% off its SMA200. ROKU registered -68.53% loss for a year compared to 6-month loss of -46.28%.

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The stock witnessed a 17.73% gain in the last 1 month and extending the period to 3 months gives it a 2.52%, and is 6.59% up 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 4.38% over the week and 5.45% over the month.

Roku Inc. (ROKU) has around 3000 employees, a market worth around $6.96B and $3.12B in sales. Profit margin for the company is -7.60%. Distance from 52-week low is 36.93% and -70.84% from its 52-week high. The company has generated returns on investments over the last 12 months (8.40%).

The EPS is expected to shrink by -312.30% this year.

Roku Inc. (ROKU) Top Institutional Holders

The shares outstanding are 138.57M, and float is at 121.47M with Short Float at 9.61%.

Roku Inc. (ROKU) Insider Activity

A total of 22 insider transactions have happened at Roku Inc. (ROKU) in the last six months, with sales accounting for 12 and purchases happening 10 times. The most recent transaction is an insider sale by Fuchsberg Gilbert,the company’sSVP, Corporate Development. SEC filings show that Fuchsberg Gilbert sold 2,040 shares of the company’s common stock on Dec 01 at a price of $59.16 per share for a total of $0.12 million. Following the sale, the insider now owns 32645.0 shares.

Roku Inc. disclosed in a document filed with the SEC on Nov 16 that KAY STEPHEN H (SVP General Counsel, Secretary) sold a total of 1,469 shares of the company’s common stock. The trade occurred on Nov 16 and was made at $56.46 per share for $82940.0. Following the transaction, the insider now directly holds 81290.0 shares of the ROKU stock.

Still, SEC filings show that on Nov 16, Fuchsberg Gilbert (SVP, Corporate Development) disposed off 3,300 shares at an average price of $56.46 for $0.19 million. The insider now directly holds 34,685 shares of Roku Inc. (ROKU).

Roku Inc. (ROKU): Who are the competitors?

The company’s main competitors (and peers) include Roku Inc. (ROKU) that is trading -68.53% down over the past 12 months. Emerson Radio Corp. (MSN) is -32.12% down on the 1-year trading charts.

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