Robinhood Markets Inc (NASDAQ: HOOD) is 60.13% higher on its value in year-to-date trading and has touched a low of $7.91 and a high of $24.88 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 HOOD stock was last observed hovering at around $21.18 in the last trading session, with the day’s loss setting it -0.78%.
Currently trading at $20.40, the stock is -9.81% and -7.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.93 million and changing -3.68% at the moment leaves the stock 31.68% off its SMA200. HOOD registered 60.25% gain for a year compared to 6-month gain of 80.37%.
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The stock witnessed a -10.17% loss in the last 1 month and extending the period to 3 months gives it a 17.65%, and is -10.80% 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 5.28% over the week and 4.66% over the month.
Robinhood Markets Inc (HOOD) has around 2200 employees, a market worth around $17.93B and $2.06B in sales. Current P/E ratio is 140.21 and Fwd P/E is 36.04. Profit margin for the company is 6.15%. Distance from 52-week low is 157.90% and -18.01% from its 52-week high. The company has generated returns on investments over the last 12 months (1.82%).
The EPS is expected to grow by 187.00% this year.
Robinhood Markets Inc (HOOD) Top Institutional Holders
The shares outstanding are 745.40M, and float is at 550.12M with Short Float at 5.52%.
Robinhood Markets Inc (HOOD) Insider Activity
The most recent transaction is an insider sale by Bhatt Baiju,the company’sDirector. SEC filings show that Bhatt Baiju sold 120,236 shares of the company’s common stock on Jul 12 ’24 at a price of $22.20 per share for a total of $2.67 million. Following the sale, the insider now owns 0.0 shares.
Robinhood Markets Inc disclosed in a document filed with the SEC on Jul 05 ’24 that Tenev Vladimir (Chief Executive Officer) sold a total of 250,000 shares of the company’s common stock. The trade occurred on Jul 05 ’24 and was made at $22.50 per share for $5.62 million. Following the transaction, the insider now directly holds 0.0 shares of the HOOD stock.
Still, SEC filings show that on Jul 03 ’24, Gallagher Daniel Martin Jr (Chief Legal Officer) disposed off 12,500 shares at an average price of $22.80 for $0.28 million. The insider now directly holds 956,247 shares of Robinhood Markets Inc (HOOD).
