In yesterday’s Wall Street session, Rocket Lab Corp (NASDAQ:RKLB) shares traded at $35.77, up 1.10% from the previous session.
RKLB stock price is now 38.53% away from the 50-day moving average and 70.81% away from the 200-day moving average. The market capitalization of the company currently stands at $16.51B.
On April 25, 2025, Needham recently initiated its ‘Buy’ rating on the stock quoting a target price of $28, while ‘JMP Securities’ rates the stock as ‘Mkt Perform’
In other news, Saintil Merline, Director sold 6,353 shares of the company’s stock on Jun 24 ’25. The stock was sold for $212,051 at an average price of $33.38. Upon completion of the transaction, the Director now directly owns 419,569 shares in the company, valued at $15.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 20 ’25, Director Saintil Merline sold 6,353 shares of the business’s stock. A total of $186,844 was realized by selling the stock at an average price of $29.41. This leaves the insider owning 425,922 shares of the company worth $15.24 million. A total of 2.87% 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 $37.66. 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.
