Rocket Lab USA Inc. (NASDAQ:RKLB) price is hovering higher on Monday, September 13, jumping 0.54% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $15.40, with intraday deals fluctuating between $15.03 and $18.41. Taking into account the 52-week price action we note that the stock hit a 52-week high of $21.34 and 52-week low of $9.50. The stock added 46.11% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 2 analysts have assigned RKLB a recommendation rating as follows: 1 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Rocket Lab USA Inc. (RKLB) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Overweight, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that RKLB’s price is at present 26.93% off the SMA20 and 37.35% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 59.51, with weekly volatility standing at 19.20%. The indicator jumps to 11.38% when calculated based on the past 30 days. Rocket Lab USA Inc. (NASDAQ:RKLB)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 1.70. Considering analysts have assigned the stock a price target range of $18.00-$30.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $24.00. Based on this estimate, we see that today’s price at last check is roughly -16.28% off the estimated low and -93.8% off the forecast high. Investors will no doubt be excited to see the share price fall to $24.00, which is the median consensus price, and at that level RKLB would be -55.04% from recent price.
An analysis of the Rocket Lab USA Inc. (NASDAQ:RKLB) stock in terms of its daily trading volume indicates that the 3-month average is 2.58 million.
Current records show that the company has 40.00M in outstanding shares. The percentage share held by institutions stands at 1.80%. But the 52.32% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.