Roku Inc (NASDAQ: ROKU) is -36.92% lower on its value in year-to-date trading and has touched a low of $51.62 and a high of $108.84 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 ROKU stock was last observed hovering at around $58.94 in the last trading session, with the day’s loss setting it -1.12%.
Currently trading at $57.82, the stock is -7.88% and -16.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.45 million and changing -1.90% at the moment leaves the stock -26.33% off its SMA200. ROKU registered -6.32% loss for a year compared to 6-month loss of -12.49%.
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
Sponsored
The stock witnessed a -9.64% gain in the last 1 month and extending the period to 3 months gives it a -31.81%, and is -8.00% 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 2.73% over the week and 2.94% over the month.
Roku Inc (ROKU) has around 3150 employees, a market worth around $8.30B and $3.48B in sales. Profit margin for the company is -20.36%. Distance from 52-week low is 12.01% and -46.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.36%).
The EPS is expected to grow by 61.05% this year.
Roku Inc (ROKU) Top Institutional Holders
The shares outstanding are 126.12M, and float is at 125.37M with Short Float at 7.72%.
Roku Inc (ROKU) Insider Activity
The most recent transaction is an insider sale by Banks Matthew C.,the company’sVP, Corp Controller & CAO. SEC filings show that Banks Matthew C. sold 207 shares of the company’s common stock on Apr 01 ’24 at a price of $65.27 per share for a total of $13511.0. Following the sale, the insider now owns 5368.0 shares.
Roku Inc disclosed in a document filed with the SEC on Mar 13 ’24 that Blackburn Jeffrey M (Director) bought a total of 8,000 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $63.96 per share for $0.51 million. Following the transaction, the insider now directly holds 8000.0 shares of the ROKU stock.
Still, SEC filings show that on Mar 08 ’24, Collier Charles (President, Roku Media) disposed off 4,182 shares at an average price of $65.00 for $0.27 million. The insider now directly holds 8,474 shares of Roku Inc (ROKU).
