Stocks of Rocket Lab Corp (NASDAQ:RKLB) traded higher last session on Wall Street, down -8.33% to $27.17.
RKLB stock price is now 19.22% away from the 50-day moving average and 40.26% away from the 200-day moving average. The market capitalization of the company currently stands at $12.54B.
With the price target of $28, Needham recently initiated with Buy rating for Rocket Lab Corp (NASDAQ: RKLB). , while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Klein Frank, Chief Operations Officer sold 2,546 shares of the company’s stock on Jun 09 ’25. The stock was sold for $76,380 at an average price of $30.00. Upon completion of the transaction, the Chief Operations Officer now directly owns 1,365,826 shares in the company, valued at $37.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 09 ’25, See Remarks Kampani Arjun sold 5,194 shares of the business’s stock. A total of $155,820 was realized by selling the stock at an average price of $30.00. This leaves the insider owning 530,230 shares of the company worth $14.41 million. A total of 18.16% of the company’s stock is owned by insiders.
During the past 12 months, Rocket Lab Corp has had a low of $4.20 and a high of $33.34. As of last week, the company has a debt-to-equity ratio of 1.14, a current ratio of 2.08, and a quick ratio of 1.72. The net profit margin was -44.32% and return on equity was -45.38% for RKLB.
