The price of Roblox Corporation (NYSE:RBLX) shares last traded on Wall Street rose 1.40% to $56.51.
RBLX stock price is now -11.11% away from the 50-day moving average and 15.05% away from the 200-day moving average. The market capitalization of the company currently stands at $37.71B.
With the price target maintained at $34, MoffettNathanson recently Downgraded its rating from Neutral to Sell for Roblox Corporation (NYSE: RBLX). On December 12, 2024, HSBC Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $63, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Baszucki Gregory, Director sold 97,388 shares of the company’s stock on Mar 10 ’25. The stock was sold for $5,215,397 at an average price of $53.55. Upon completion of the transaction, the Director now directly owns 11,055 shares in the company, valued at $0.62 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 10 ’25, Director GREGORY BASZUCKI bought 97,388 shares of the business’s stock. A total of $5,567,672 was incurred on buying the stock at an average price of $57.17. A total of 16.97% of the company’s stock is owned by insiders.
During the past 12 months, Roblox Corporation has had a low of $29.55 and a high of $75.74. As of last week, the company has a debt-to-equity ratio of 8.15, a current ratio of 0.85, and a quick ratio of 0.85. The fifty day moving average price for RBLX is $63.5732 and a two-hundred day moving average price translates $49.11605 for the stock.
The latest earnings results from Roblox Corporation (NYSE: RBLX) was released for 2024-12-31. The net profit margin was -25.97% and return on equity was -628.33% for RBLX. The company reported revenue of $988.18 million for the quarter, compared to $749.94 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.77 percent.
