compared to its average ratio and a 36-month beta value of 1.33. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 2 as “sell.”
The average price point forecasted by analysts for Robinhood Markets Inc. (HOOD) is $12.94, which is $2.27 above the current market price. The public float for HOOD is 713.13M, and currently, short sellers hold a 2.93% ratio of that float. The average trading volume of HOOD on September 18, 2023 was 10.09M shares.
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HOOD) stock’s latest price update
Robinhood Markets Inc. (NASDAQ: HOOD)’s stock price has plunge by 0.95relation to previous closing price of 10.57. Nevertheless, the company has seen a -0.65% plunge in its stock price over the last five trading sessions. PYMNTS reported 2023-09-17 that Robinhood believes it has been “misunderstood.” A new movie might not help matters.
HOOD’s Market Performance
Robinhood Markets Inc. (HOOD) has experienced a -0.65% fall in stock performance for the past week, with a 4.71% rise in the past month, and a 6.91% rise in the past quarter. The volatility ratio for the week is 2.15%, and the volatility levels for the past 30 days are at 2.82% for HOOD. The simple moving average for the last 20 days is 0.16% for HOOD stock, with a simple moving average of 8.30% for the last 200 days.
Analysts’ Opinion of HOOD
Many brokerage firms have already submitted their reports for HOOD stocks, with Morgan Stanley repeating the rating for HOOD by listing it as a “Equal-Weight.” The predicted price for HOOD in the upcoming period, according to Morgan Stanley is $13 based on the research report published on July 13, 2023 of the current year 2023.
HOOD Trading at -6.03% 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 -19.35% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 2.15%, as shares surge +5.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.50% upper at present.
During the last 5 trading sessions, HOOD fell by -0.65%, which changed the moving average for the period of 200-days by +16.10% in comparison to the 20-day moving average, which settled at $10.68. In addition, Robinhood Markets Inc. saw 31.08% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HOOD starting from Bhatt Baiju, who sale 80,720 shares at the price of $10.87 back on Sep 12. After this action, Bhatt Baiju now owns 492,445 shares of Robinhood Markets Inc., valued at $877,071 using the latest closing price.
Gallagher Daniel Martin Jr, the Chief Legal Officer of Robinhood Markets Inc., sale 80,000 shares at $10.85 during a trade that took place back on Sep 12, which means that Gallagher Daniel Martin Jr is holding 581,665 shares at $867,792 based on the most recent closing price.
Stock Fundamentals for HOOD
Current profitability levels for the company are sitting at:
- -68.16 for the present operating margin
- +84.44 for the gross margin
The net margin for Robinhood Markets Inc. stands at -74.38. The total capital return value is set at -8.24, while invested capital returns managed to touch -14.17. Equity return is now at value -11.80, with -3.20 for asset returns.
Based on Robinhood Markets Inc. (HOOD), the company’s capital structure generated 42.83 points at debt to equity in total, while total debt to capital is 29.98. Total debt to assets is 12.77, with long-term debt to equity ratio resting at 1.83. Finally, the long-term debt to capital ratio is 1.28.
When we switch over and look at the enterprise to sales, we see a ratio of 3.17, with the company’s debt to enterprise value settled at 1.07. The receivables turnover for the company is 0.26 and the total asset turnover is 0.06.
Conclusion
To put it simply, Robinhood Markets Inc. (HOOD) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
