Robinhood Markets Inc. (NASDAQ:HOOD) went down by -1.38% from its latest closing price compared to the recent 1-year high of $85.00. The company’s stock price has collected -6.34% of loss in the last five trading sessions. Barron’s reported 19 hours ago that In the Battle for Bitcoin ETFs, the SEC Appears to Pick a Side
Is It Worth Investing in Robinhood Markets Inc. (NASDAQ :HOOD) Right Now?
Opinions of the stock are interesting as 6 analysts out of 14 who provided ratings for Robinhood Markets Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 6 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $55.40, which is $16.67 above the current price. HOOD currently public float of 670.65M and currently shorts hold a 3.16% ratio of that float. Today, the average trading volume of HOOD was 28.55M shares.
HOOD’s Market Performance
The volatility ratio for the week stands at 4.74% while the volatility levels for the past 30 days are set at 6.60% for Robinhood Markets Inc.. The simple moving average for the period of the last 20 days is -10.18% for HOOD stocks with a simple moving average of -12.89% for the last 200 days.
Analysts’ Opinion of HOOD
Many brokerage firms have already submitted their reports for HOOD stocks, with Rosenblatt repeating the rating for HOOD by listing it as a “Buy.” The predicted price for HOOD in the upcoming period, according to Rosenblatt is $55 based on the research report published on August 23rd of the current year 2021.
Piper Sandler, on the other hand, stated in their research note that they expect to see HOOD reach a price target of $47. The rating they have provided for HOOD stocks is “Neutral” according to the report published on August 23rd, 2021.
Mizuho gave a rating of “Buy” to HOOD, setting the target price at $68 in the report published on August 23rd of the current year.
HOOD Trading at -12.89% from the 50-Day Moving Average
After a stumble in the market that brought HOOD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.24% of loss for the given period.
Volatility was left at 6.60%, however, over the last 30 days, the volatility rate increased by 4.74%, as shares sank -19.81% for the moving average over the last 20 days.
During the last 5 trading sessions, HOOD fell by -6.34%, in comparison to the 20-day moving average, which settled at $44.70. In addition, Robinhood Markets Inc. saw 16.60% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at HOOD starting from Chennapragada Aparna, who sale 18,297 shares at the price of $65.60 back on Aug 04. After this action, Chennapragada Aparna now owns 0 shares of Robinhood Markets Inc., valued at $1,200,242 using the latest closing price.
Howard Gretchen, the Chief Operating Officer of Robinhood Markets Inc., sale 193,000 shares at $34.32 during a trade that took place back on Jul 30, which means that Howard Gretchen is holding 219,300 shares at $6,624,358 based on the most recent closing price.
Stock Fundamentals for HOOD
Current profitability levels for the company are sitting at:
- +1.44 for the present operating margin
- +50.51 for the gross margin
The net margin for Robinhood Markets Inc. stands at +0.30. The total capital return value is set at 0.49, while invested capital returns managed to touch 0.19.
Based on Robinhood Markets Inc. (HOOD), the company’s capital structure generated 92.98 points at debt to equity in total, while total debt to capital is 48.18. Total debt to assets is 17.98, with long-term debt to equity ratio resting at 2.26. Finally, the long-term debt to capital ratio is 1.17.
The receivables turnover for the company is 0.46 and the total asset turnover is 0.13.