Rocket Pharmaceuticals Inc (NASDAQ: RCKT) May Be Attracting Institutional Investments

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. Recently, Yahoo Finance discussed the stock, revealing that Rocket Pharmaceuticals Reports Fourth Quarter and Full Year 2023 Financial Results and Highlights Recent Progress.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Rocket Pharmaceuticals Inc is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. The current market capitalization of Rocket Pharmaceuticals Inc is $2.55B. A total of 0.72 million shares were traded on the day, compared to an average of 816.83K shares.

In the most recent transaction, Militello John sold 10,000 shares of RCKT for 29.84 per share on Feb 29 ’24. After the transaction, the insider now owns 21,517 company shares. In a previous transaction on Feb 29 ’24, Wilson Martin sold 4,100 shares at 29.33 per share. RCKT shares that General Counsel owns now total 18,680.

Among the insiders who sold shares, Shah Gaurav disposed of 20,272 shares on Feb 16 ’24 at a per-share price of $29.84. This resulted in the CEO holding 554,762 shares of RCKT after the transaction. In another insider transaction, Patel Kinnari sold 7,132 shares at $29.84 per share on Feb 16 ’24. Company shares held by the insider now total 238,346.

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, RCKT has a high of $32.53 and a low of $14.89.

As of this writing, RCKT has an earnings estimate of -$0.69 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.5 per share and a lower estimate of -$0.83. The company reported an EPS of -$0.75 in the last quarter, which was 7.40% higher than expectations of -$0.81.

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. RCKT’s latest balance sheet shows that the firm has $388.74M in Cash & Short Term Investments as of fiscal 2021. There were $22.60M in debt and $22.17M in liabilities at the time. Its Book Value Per Share was $5.46, while its Total Shareholder’s Equity was $454.72M.

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 RCKT is Buy with a score of 4.92.

Most Popular

Related Posts