The stock of Roku Inc (NASDAQ:ROKU) last traded at $62.27, up 0.02% from the previous session.
ROKU stock price is now 1.17% away from the 50-day moving average and -19.36% away from the 200-day moving average. The market capitalization of the company currently stands at $8.98B.
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On April 29, 2024, Seaport Research Partners Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $74, while ‘Wells Fargo’ rates the stock as ‘Underweight’
In other news, Banks Matthew C., VP, Corp Controller & CAO sold 206 shares of the company’s stock on May 01 ’24. The stock was sold for $11,800 at an average price of $57.28. Upon completion of the transaction, the VP, Corp Controller & CAO now directly owns 5,162 shares in the company, valued at $0.32 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’24, VP, Corp Controller & CAO Banks Matthew C. sold 207 shares of the business’s stock. A total of $13,511 was realized by selling the stock at an average price of $65.27. This leaves the insider owning 5,368 shares of the company worth $0.33 million. A total of 12.57% of the company’s stock is owned by insiders.
During the past 12 months, Roku Inc has had a low of $51.62 and a high of $108.84. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 2.58, and a quick ratio of 2.50.
The net profit margin was -15.64% and return on equity was -23.10% for ROKU. The company reported revenue of $881.47 million for the quarter, compared to $740.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.96 percent.
