Roblox Corporation (NYSE:RBLX) shares traded -1.29% lower at $62.82 on Wall Street last session.
RBLX stock price is now -1.20% away from the 50-day moving average and 33.36% away from the 200-day moving average. The market capitalization of the company currently stands at $41.92B.
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With the price target maintained at $34, MoffettNathanson recently Downgraded its rating from Neutral to Sell for Roblox Corporation (NYSE: RBLX). On December 12, 2024, HSBC Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $63, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Reinstra Mark, Officer bought 16,432 shares of the company’s stock on Feb 20 ’25. The stock was bought for $1,008,835 at an average price of $61.39. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 20 ’25, Officer Rawlings Amy Marie bought 4,468 shares of the business’s stock. A total of $274,055 was incurred on buying the stock at an average price of $61.34. A total of 17.20% of the company’s stock is owned by insiders.
During the past 12 months, Roblox Corporation has had a low of $29.55 and a high of $75.74. As of last week, the company has a debt-to-equity ratio of 8.15, a current ratio of 0.85, and a quick ratio of 0.85.
The net profit margin was -25.97% and return on equity was -628.33% for RBLX. The company reported revenue of $988.18 million for the quarter, compared to $749.94 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.77 percent.
