Stocks of Rocket Lab USA Inc (NASDAQ:RKLB) traded higher last session on Wall Street, down -1.19% to $22.40.
RKLB stock price is now 12.70% away from the 50-day moving average and 35.58% away from the 200-day moving average. The market capitalization of the company currently stands at $10.16B.
With the price target of $28, Needham recently initiated with Buy rating for Rocket Lab USA Inc (NASDAQ: RKLB). , while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Klein Frank, Chief Operations Officer sold 44,553 shares of the company’s stock on Mar 14 ’25. The stock was sold for $810,036 at an average price of $18.18. Upon completion of the transaction, the Chief Operations Officer now directly owns 1,419,479 shares in the company, valued at $31.8 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 17 ’25, Chief Operations Officer Klein Frank sold 1,835 shares of the business’s stock. A total of $36,572 was realized by selling the stock at an average price of $19.93. This leaves the insider owning 1,417,644 shares of the company worth $31.76 million. A total of 18.13% of the company’s stock is owned by insiders.
During the past 12 months, Rocket Lab USA Inc has had a low of $3.65 and a high of $33.34. As of last week, the company has a debt-to-equity ratio of 1.24, a current ratio of 2.04, and a quick ratio of 1.69. The fifty day moving average price for RKLB is $19.8758 and a two-hundred day moving average price translates $16.52135 for the stock.
The latest earnings results from Rocket Lab USA Inc (NASDAQ: RKLB) was released for 2024-12-31. The net profit margin was -43.60% and return on equity was -40.59% for RKLB. The company reported revenue of $132.39 million for the quarter, compared to $59.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 120.68 percent.
