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. After-hours trades for Rocket Lab USA Inc (RKLB) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.11, or 2.44%, to $4.61. The Rocket Lab USA Inc has recorded 41,791 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Rocket Lab Welcomes Lt. Gen. Nina Armagno to Board of Directors.
Rocket Lab USA Inc is listed on the NASDAQ as a member of the Industrials sector and is a part of the Aerospace & Defense industry. At the end of the last regular session, the stock closed at $4.50 and fluctuated between $4.5100 as its day high and $4.2700 as its day low. The current market capitalization of Rocket Lab USA Inc is $2.17B. A total of 2.06 million shares were traded on the day, compared to an average of 3.86M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, RKLB has seen 1 BUY and 4 SELL insider trades, representing the acquisition of 16,656 and the disposition of 3,720,142 shares. Over the last 12 months, there were 10 BUYs and 18 SELLs from insiders. Insiders purchased 404,042 shares during that period but sold 12,440,046.
In the most recent transaction, Beck Peter sold 3,600,000 shares of RKLB for 5.62 per share on Sep 11. After the transaction, the President, CEO and Chairman now owns 50,951,250 company shares. In a previous transaction on Aug 30, GRIFFIN MICHAEL D sold 38,090 shares at 6.34 per share. RKLB shares that Director owns now total 0.
Among the insiders who sold shares, Spice Adam C. disposed of 61,377 shares on Aug 25 at a per-share price of $5.74. This resulted in the Chief Financial Officer holding 1,566,293 shares of RKLB after the transaction. In another insider transaction, Kampani Arjun sold 20,675 shares at $5.74 per share on Aug 25. Company shares held by the insider now total 525,390.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for RKLB in the last 3 months, the mean price target is $8.53 with high estimates of $12.00 and low estimates of $5.00. In terms of 52-week highs and lows, RKLB has a high of $8.05 and a low of $3.48.
As of this writing, RKLB has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.13. The company reported an EPS of -$0.1 in the last quarter, which was -11.10% lower than expectations of -$0.09.
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. RKLB’s latest balance sheet shows that the firm has $690.96M in Cash & Short Term Investments as of fiscal 2021. There were $128.43M in debt and $96.31M in liabilities at the time. Its Book Value Per Share was $1.27, while its Total Shareholder’s Equity was $698.45M.
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 RKLB is Buy with a score of 4.56.