Root Inc (NASDAQ:ROOT) price on Thursday, July 03, rose 0.81% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $124.71.
A look at the stock’s price movement, the close in the last trading session was $123.71, moving within a range at $122.57 and $128.5. The beta value (5-Year monthly) was 2.319 while the PE ratio in trailing twelve months stood at 41.47. Turning to its 52-week performance, $181.14 and $34.04 were the 52-week high and 52-week low respectively. Overall, ROOT moved -9.33% over the past month.
Root Inc’s market cap currently stands at around $2.01 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-07.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ROOT is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 3 recommend ROOT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
The technical evaluation for the stock shows the PEG ratio is 1.80, with ROOT’s current price about -9.37% and -10.06% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.49, while 7-day volatility ratio is 4.37% and 6.07% in the 30-day chart. Further, Root Inc (ROOT) has a beta value of 2.27. Analysts have given the company’s stock an average 52-week price target of $90, forecast between a low of $13 and high of $234. Looking at the price targets, the low is 89.58% off current price level while to achieve the yearly target high, price needs to move -87.64%. Nonetheless, investors will most likely welcome a 27.83% jump to $90 which is the analysts’ median price.
If we refocus on Root Inc (NASDAQ:ROOT), historical trading data shows that trading volumes averaged 0.45 over the past 10 days and 499.26K over the past 3 months. The company’s latest data on shares outstanding shows there are 11.20 million shares.
The 38.96% of Root Inc’s shares are in the hands of company insiders while institutional holders own 38.59% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.45 million on 2025-06-13, giving us a short ratio of 3.53. The data shows that as of 2025-06-13 short interest in Root Inc (ROOT) stood at 1260.0 of shares outstanding, with shares short rising to 1.29 million registered in 2025-05-15. Current price change has pushed the stock 142.25% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ROOT stock continues to rise going into the next quarter.
