The trading price of Robinhood Markets Inc (NASDAQ:HOOD) floating higher at last check on Monday, July 15, closing at $23.90, 7.27% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 164.26. In examining the 52-week price action we see that the stock hit a 52-week high of $24.28 and a 52-week low of $7.91. Over the past month, the stock has gained 0.84% in value.
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Robinhood Markets Inc, whose market valuation is $21.00 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest HOOD has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that HOOD’s price is currently 6.90% off the SMA20 and 14.62% off the SMA50. The RSI metric on the 14-day chart is currently showing 63.11, and weekly volatility stands at 4.16%. When measured over the past 30 days, the indicator reaches 4.08%. Robinhood Markets Inc (NASDAQ:HOOD)’s beta value is currently sitting at 1.82, while the Average True Range indicator is currently displaying 1.05.
To see how Robinhood Markets Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: HOOD stock’s performance was 7.27% at last check in today’s session, and 91.97% in the past year. Robinhood Markets Inc has a P/E ratio of 164.26.
An evaluation of the daily trading volume of Robinhood Markets Inc (NASDAQ:HOOD) indicates that the 3-month average is 17.06 million.
Currently, records show that 745.40 million of the company’s shares remain outstanding. The insiders hold 37.40% of outstanding shares, whereas institutions hold 45.79%. However, since the stock’s price has seen 87.60% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
