In the past week, RBLX stock has gone down by -4.01%, with a monthly decline of -13.76% and a quarterly plunge of -2.61%. The volatility ratio for the week is 3.38%, and the volatility levels for the last 30 days are 3.47% for Roblox Corporation The simple moving average for the last 20 days is -6.49% for RBLX’s stock, with a simple moving average of 1.30% for the last 200 days.
Is It Worth Investing in Roblox Corporation (NYSE: RBLX) Right Now?
The 36-month beta value for RBLX is also noteworthy at 1.60. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 7 rating it as “overweight,” 11 rating it as “hold,” and 2 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for RBLX is 508.46M, and at present, short sellers hold a 6.13% of that float. The average trading volume of RBLX on October 21, 2024 was 6.77M shares.
RBLX) stock’s latest price update
The stock price of Roblox Corporation (NYSE: RBLX) has jumped by 0.18 compared to previous close of 39.86. Despite this, the company has seen a fall of -4.01% in its stock price over the last five trading days. accesswire.com reported 2024-10-20 that LOS ANGELES, CA / ACCESSWIRE / October 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Roblox Corporation (“Roblox” or “the Company”) (NYSE:RBLX) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Analysts’ Opinion of RBLX
Many brokerage firms have already submitted their reports for RBLX stocks, with BTIG Research repeating the rating for RBLX by listing it as a “Buy.” The predicted price for RBLX in the upcoming period, according to BTIG Research is $51 based on the research report published on September 09, 2024 of the current year 2024.
Jefferies gave a rating of “Hold” to RBLX, setting the target price at $42 in the report published on July 11th of the current year.
RBLX Trading at -7.02% from the 50-Day Moving Average
After a stumble in the market that brought RBLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.55% of loss for the given period.
Volatility was left at 3.47%, however, over the last 30 days, the volatility rate increased by 3.38%, as shares sank -13.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.43% upper at present.
During the last 5 trading sessions, RBLX fell by -4.01%, which changed the moving average for the period of 200-days by -4.72% in comparison to the 20-day moving average, which settled at $42.70. In addition, Roblox Corporation saw -12.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RBLX starting from Guthrie Michael, who sale 30,000 shares at the price of $41.50 back on Oct 07 ’24. After this action, Guthrie Michael now owns 352,844 shares of Roblox Corporation, valued at $1,244,907 using the latest closing price.
Michael Guthrie, the Officer of Roblox Corporation, proposed sale 30,000 shares at $41.39 during a trade that took place back on Oct 07 ’24, which means that Michael Guthrie is holding shares at $1,241,700 based on the most recent closing price.
Stock Fundamentals for RBLX
Current profitability levels for the company are sitting at:
- -0.38 for the present operating margin
- 0.5 for the gross margin
The net margin for Roblox Corporation stands at -0.34. The total capital return value is set at -0.38. Equity return is now at value -742.99, with -17.85 for asset returns.
Based on Roblox Corporation (RBLX), the company’s capital structure generated 0.9 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 9.4. The interest coverage ratio of the stock is -29.55.
Currently, EBITDA for the company is -1.05 billion with net debt to EBITDA at -0.9. When we switch over and look at the enterprise to sales, we see a ratio of 8.46. The receivables turnover for the company is 8.66for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
In summary, Roblox Corporation (RBLX) has had a bad performance as of late. Analysts have bearish opinions on the stock, with some viewing it as a “sell” 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.
