Root Inc (NASDAQ:ROOT) shares, rose in value on Wednesday, June 18, with the stock price up by 0.28% to the previous day’s close as strong demand from buyers drove the stock to $135.49.
Actively observing the price movement in the last trading, the stock closed the session at $135.11, falling within a range of $131.71 and $136.16. The value of beta (5-year monthly) was 2.319 whereas the PE ratio was 45.05 over 12-month period. Referring to stock’s 52-week performance, its high was $181.14, and the low was $34.04. On the whole, ROOT has fluctuated by -0.76% over the past month.
With the market capitalization of Root Inc currently standing at about $2.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ROOT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.96, with the price of ROOT currently trading nearly -2.54% and -1.65% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.16, while the 7-day volatility ratio is showing 3.72% which for the 30-day chart, stands at 4.27%. Furthermore, Root Inc (ROOT)’s beta value is 2.32, and its average true range (ATR) is 9.30.
A comparison of Root Inc (ROOT) with its peers suggests the former has fared considerably weaker in the market. ROOT showed an intraday change of 0.28% in last session, and over the past year, it grew by 219.59%%.
Data on historical trading for Root Inc (NASDAQ:ROOT) indicates that the trading volumes over the past 10 days have averaged 0.45 and over the past 3 months, they’ve averaged 551.92K. According to company’s latest data on outstanding shares, there are 11.20 million shares outstanding.
Nearly 38.98% of Root Inc’s shares belong to company insiders and institutional investors own 38.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.32 million shares as on 2025-05-30, resulting in a short ratio of 2.7. According to the data, the short interest in Root Inc (ROOT) stood at 1152.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 1.44 million. The stock has risen by 86.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ROOT stock heading into the next quarter.
