Robinhood Markets Inc (NASDAQ:HOOD) price on Thursday, July 11, rose 2.24% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $22.82.
A look at the stock’s price movement, the level at last check in today’s session was $22.32. The PE ratio in trailing twelve months stood at 156.84. Turning to its 52-week performance, $24.28 and $7.91 were the 52-week high and 52-week low respectively. Overall, HOOD moved -2.56% over the past month.
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Robinhood Markets Inc’s market cap currently stands at around $20.06 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HOOD is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
HOOD’s current price about 1.48% and 10.56% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.60, while 7-day volatility ratio is 4.16% and 4.28% in the 30-day chart. Further, Robinhood Markets Inc (HOOD) has a beta value of 1.82, and an average true range (ATR) of 0.99.
If we refocus on Robinhood Markets Inc (NASDAQ:HOOD), historical trading data shows that trading volumes averaged 17.06 million over the past 3 months. The company’s latest data on shares outstanding shows there are 745.40 million shares.
The 38.64% of Robinhood Markets Inc’s shares are in the hands of company insiders while institutional holders own 45.77% of the company’s shares. Current price change has pushed the stock 79.12% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HOOD stock continues to rise going into the next quarter.
