The stock of Rocket Lab Corp (NASDAQ:RKLB) last traded at $32.78, up 9.12%% from the previous session.
RKLB stock price is now 34.63% away from the 50-day moving average and 62.05% away from the 200-day moving average. The market capitalization of the company currently stands at $15.13B.
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, Saintil Merline, Director sold 6,353 shares of the company’s stock on Jun 20 ’25. The stock was sold for $186,844 at an average price of $29.41. Upon completion of the transaction, the Director now directly owns 425,922 shares in the company, valued at $13.96 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 20 ’25, Director MERLINE SAINTIL bought 12,706 shares of the business’s stock. A total of $353,862 was incurred on buying the stock at an average price of $27.85. A total of 2.78% 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. The company reported revenue of $122.57 million for the quarter, compared to $92.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.13 percent.
