Rocket Lab USA Inc (NASDAQ: RKLB) is -5.97% lower on its value in year-to-date trading and has touched a low of $3.47 and a high of $8.05 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 RKLB stock was last observed hovering at around $5.26 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $5.20, the stock is 3.31% and 12.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.3 million and changing -1.14% at the moment leaves the stock 16.14% off its SMA200. RKLB registered -34.43% loss for a year compared to 6-month gain of 7.22%.
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The stock witnessed a 5.91% loss in the last 1 month and extending the period to 3 months gives it a 46.48%, and is -7.96% 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 5.90% over the week and 5.10% over the month.
Rocket Lab USA Inc (RKLB) has around 1650 employees, a market worth around $2.56B and $282.46M in sales. Profit margin for the company is -64.15%. Distance from 52-week low is 49.86% and -35.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.18%).
The EPS is expected to shrink by -32.41% this year.
Rocket Lab USA Inc (RKLB) Top Institutional Holders
The shares outstanding are 488.92M, and float is at 300.81M with Short Float at 18.12%.
Rocket Lab USA Inc (RKLB) Insider Activity
The most recent transaction is an insider sale by Spice Adam C.,the company’sChief Financial Officer. SEC filings show that Spice Adam C. sold 63,529 shares of the company’s common stock on May 24 ’24 at a price of $4.22 per share for a total of $0.27 million. Following the sale, the insider now owns 1.38 million shares.
Rocket Lab USA Inc disclosed in a document filed with the SEC on May 24 ’24 that Kampani Arjun (General Counsel) sold a total of 29,026 shares of the company’s common stock. The trade occurred on May 24 ’24 and was made at $4.22 per share for $0.12 million. Following the transaction, the insider now directly holds 0.67 million shares of the RKLB stock.
Still, SEC filings show that on Mar 05 ’24, Spice Adam C. (Chief Financial Officer) disposed off 67,160 shares at an average price of $4.25 for $0.29 million. The insider now directly holds 1,442,206 shares of Rocket Lab USA Inc (RKLB).
