The Street Is Finally Waking Up To Root Inc (NASDAQ: ROOT)

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

Root Inc is listed on the NASDAQ as a member of the Financial sector and is a part of the Insurance – Property & Casualty industry. The current market capitalization of Root Inc is $1.95B. A total of 0.54 million shares were traded on the day, compared to an average of 398.20K shares.

In the most recent transaction, Allison Jonathan sold 4,000 shares of ROOT for 100.00 per share on Nov 19 ’24. After the transaction, the Chief Administrative Officer now owns 60,571 company shares. In a previous transaction on Nov 18 ’24, Szudarek Julie sold 2,000 shares at 96.33 per share. ROOT shares that Director owns now total 15,003.

Among the insiders who bought shares, Allison Jonathan acquired of 4,000 shares on Nov 19 ’24 at a per-share price of $100.00. In another insider transaction, Szudarek Julie bought 2,000 shares at $96.33 per share on Nov 18 ’24.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ROOT has a high of $141.23 and a low of $7.91.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ROOT’s latest balance sheet shows that the firm has $835.90M in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $12.13, while its Total Shareholder’s Equity was $536.40M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 ROOT is Buy with a score of 3.50.

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