Are Things Looking Up For Rocket Pharmaceuticals Inc (NASDAQ: RCKT)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of Rocket Pharmaceuticals Inc is $1.30B. A total of 1.16 million shares were traded on the day, compared to an average of 1.11M shares.

In the most recent transaction, Militello John sold 1,224 shares of RCKT for 13.05 per share on Nov 21 ’24. After the transaction, the insider now owns 49,310 company shares. In a previous transaction on Nov 21 ’24, Patel Kinnari sold 4,588 shares at 13.05 per share. RCKT shares that the insider owns now total 392,395.

Among the insiders who sold shares, Shah Gaurav disposed of 11,091 shares on Nov 21 ’24 at a per-share price of $13.05. This resulted in the CEO holding 707,328 shares of RCKT after the transaction. In another insider transaction, Wilson Martin sold 1,175 shares at $13.05 per share on Nov 21 ’24. Company shares held by the General Counsel now total 63,560.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, RCKT has a high of $31.47 and a low of $11.15.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RCKT’s latest balance sheet shows that the firm has $388.74M in Cash & Short Term Investments as of fiscal 2021. There were $22.60M in debt and $22.17M in liabilities at the time. Its Book Value Per Share was $3.62, while its Total Shareholder’s Equity was $454.72M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RCKT is Buy with a score of 4.83.

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