After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
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Stocks Info
This NASDAQ-listed company operates within the Insurance – Property & Casualty industry segment, falling under the Financial sector. The current market capitalization of Root Inc is $1.04B. A total of 2.25 million shares were traded on the day, compared to an average of 822.44K 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.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ROOT has a high of $85.99 and a low of $3.90.
As of this writing, ROOT has an earnings estimate of -$2.48 per share for the current quarter. EPS was calculated based on a consensus of 7.0 estimates, with a high estimate of -$1.85 per share and a lower estimate of -$3.02. The company reported an EPS of -$2.88 in the last quarter
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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
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. Currently, 0 analysts are providing their opinions on the stock.
