Rockley Photonics Holdings Limited (NYSE:RKLY) went up by 1.12% from its latest closing price compared to the recent 1-year high of $16.99. The company’s stock price has collected 3.63% of gains in the last five trading sessions. Press Release reported 1 hour ago that Thinking about buying stock in Energous Corp, Entasis Therapeutics, Prelude Therapeutics, Biomerica, or Rockley Photonics?
Is It Worth Investing in Rockley Photonics Holdings Limited (NYSE :RKLY) Right Now?
Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for Rockley Photonics Holdings Limited declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $17.00. RKLY currently public float of 86.99M and currently shorts hold a 1.53% ratio of that float. Today, the average trading volume of RKLY was 787.83K shares.
RKLY’s Market Performance
RKLY stocks went up by 3.63% for the week, with a monthly drop of -17.36% and a quarterly performance of -29.24%, while its annual performance rate touched -29.17%. The volatility ratio for the week stands at 5.27% while the volatility levels for the past 30 days are set at 9.83% for Rockley Photonics Holdings Limited. The simple moving average for the period of the last 20 days is -8.73% for RKLY stocks with a simple moving average of -26.78% for the last 200 days.
Analysts’ Opinion of RKLY
Many brokerage firms have already submitted their reports for RKLY stocks, with BofA Securities repeating the rating for RKLY by listing it as a “Buy.” The predicted price for RKLY in the upcoming period, according to BofA Securities is $14 based on the research report published on September 17th of the current year 2021.
Cowen, on the other hand, stated in their research note that they expect to see RKLY reach a price target of $22. The rating they have provided for RKLY stocks is “Outperform” according to the report published on September 09th, 2021.
Needham gave a rating of “Buy” to RKLY, setting the target price at $15 in the report published on September 07th of the current year.
RKLY Trading at -19.18% from the 50-Day Moving Average
After a stumble in the market that brought RKLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.50% of loss for the given period.
Volatility was left at 9.83%, however, over the last 30 days, the volatility rate increased by 5.27%, as shares sank -34.64% for the moving average over the last 20 days.
During the last 5 trading sessions, RKLY rose by +4.23%, in comparison to the 20-day moving average, which settled at $7.72. In addition, Rockley Photonics Holdings Limited saw -30.34% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RKLY
The total capital return value is set at -1.03, while invested capital returns managed to touch -0.65.
Based on Rockley Photonics Holdings Limited (RKLY), the company’s capital structure generated 0.06 points at debt to equity in total, while total debt to capital is 0.06.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.22.