Stocks of Roblox Corporation (NYSE:RBLX) traded higher last session on Wall Street, up 0.88% to $39.09.
RBLX stock price is now 3.13% away from the 50-day moving average and 1.39% away from the 200-day moving average. The market capitalization of the company currently stands at $25.30B.
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, while ‘Macquarie’ rates the stock as ‘Outperform’
In other news, Michael Guthrie, Officer bought 30,000 shares of the company’s stock on Aug 14 ’24. The stock was bought for $1,172,700 at an average price of $39.09. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 13 ’24, Officer MARK REINSTRA bought 10,000 shares of the business’s stock. A total of $373,200 was incurred on buying the stock at an average price of $37.32. A total of 21.97% of the company’s stock is owned by insiders.
During the past 12 months, Roblox Corporation has had a low of $24.88 and a high of $47.20. As of last week, the company has a debt-to-equity ratio of 15.21, a current ratio of 0.86, and a quick ratio of 0.86. The fifty day moving average price for RBLX is $37.9976 and a two-hundred day moving average price translates $38.59645 for the stock.
The latest earnings results from Roblox Corporation (NYSE: RBLX) was released for 2024-06-30. The net profit margin was -34.11% and return on equity was -742.99% for RBLX. The company reported revenue of $893.54 million for the quarter, compared to $680.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.26 percent.
