Rocket Lab USA Inc (NASDAQ:RKLB) shares, rose in value on Wednesday, April 16, with the stock price down by -5.20% to the previous day’s close as strong demand from buyers drove the stock to $19.98.
Actively observing the price movement in the last trading, the stock closed the session at $21.07, falling within a range of $19.51 and $20.64. The value of beta (5-year monthly) was 2.086. Referring to stock’s 52-week performance, its high was $33.34, and the low was $3.47. On the whole, RKLB has fluctuated by 11.10% over the past month.
With the market capitalization of Rocket Lab USA Inc currently standing at about $9.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 578.63M, with a low estimate of 119.7M and a high estimate of 129M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 121.49M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RKLB’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of RKLB currently trading nearly 5.47% and -5.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.71, while the 7-day volatility ratio is showing 8.52% which for the 30-day chart, stands at 9.54%. Furthermore, Rocket Lab USA Inc (RKLB)’s beta value is 1.98, and its average true range (ATR) is 2.02.
A comparison of Rocket Lab USA Inc (RKLB) with its peers suggests the former has fared considerably weaker in the market. RKLB showed an intraday change of -5.20% in last session, and over the past year, it grew by 465.86%%.
Data on historical trading for Rocket Lab USA Inc (NASDAQ:RKLB) indicates that the trading volumes over the past 10 days have averaged 20.53 and over the past 3 months, they’ve averaged 19.27 million. According to company’s latest data on outstanding shares, there are 504.45 million shares outstanding.
Nearly 18.13% of Rocket Lab USA Inc’s shares belong to company insiders and institutional investors own 43.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 62.95 million shares as on 2025-03-31, resulting in a short ratio of 3.7. According to the data, the short interest in Rocket Lab USA Inc (RKLB) stood at 2024.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 56.53 million. The stock has fallen by -21.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RKLB stock heading into the next quarter.
