The Question Is Whether To Buy Or Not To Buy Root Inc (NASDAQ: ROOT)

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.

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

The company is listed on the NASDAQ and operates within the Insurance – Property & Casualty industry segment. The current market capitalization of Root Inc is $750.88M. A total of 0.54 million shares were traded on the day, compared to an average of 770.64K shares.

In the most recent transaction, Allison Jonathan sold 4,000 shares of ROOT for 14.18 per share on Dec 05 ’23. After the transaction, the Chief Administrative Officer now owns 76,766 company shares. In a previous transaction on Dec 01 ’23, Allison Jonathan sold 4,000 shares at 11.10 per share. ROOT shares that Chief Administrative Officer owns now total 80,766.

Among the insiders who sold shares, Allison Jonathan disposed of 8,000 shares on Nov 15 ’23 at a per-share price of $9.88. This resulted in the Chief Administrative Officer holding 84,780 shares of ROOT after the transaction. In another insider transaction, Bonakdarpour Mahtiyar bought 11,342 shares at $9.89 per share on Nov 14 ’23. Company shares held by the Chief Technology Officer now total 305,955.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ROOT has a high of $85.99 and a low of $3.63.

As of this writing, ROOT has an earnings estimate of $Root, Inc. per share for the current quarter. EPS was calculated based on a consensus of Riot Platforms, Inc. estimates, with a high estimate of $Vicarious Surgical Inc. per share and a lower estimate of $Ross Stores, Inc..

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ROOT’s latest balance sheet shows that the firm has $835.90M in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $11.43, while its Total Shareholder’s Equity was $536.40M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 ROOT is Buy with a score of 3.88.

Most Popular

Related Posts