Is Roblox Corporation (NYSE: RBLX) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

RBLX belongs to the Communication Services sector of the NYSE while operating in the Electronic Gaming & Multimedia industry. The current market capitalization of Roblox Corporation is $22.39B. A total of 4.8 million shares were traded on the day, compared to an average of 8.06M shares.

In the most recent transaction, Guthrie Michael sold 59,100 shares of RBLX for 35.24 per share on Jun 05 ’24. After the transaction, the Chief Financial Officer now owns 374,633 company shares. In a previous transaction on Jun 04 ’24, Chakravarthy Arvind sold 13,970 shares at 35.00 per share. RBLX shares that Chief People & Systems Officer owns now total 308,996.

Among the insiders who sold shares, Guthrie Michael disposed of 900 shares on Jun 04 ’24 at a per-share price of $35.00. This resulted in the Chief Financial Officer holding 374,633 shares of RBLX after the transaction. In another insider transaction, Baszucki David sold 43,248 shares at $33.64 per share on May 31 ’24. Company shares held by the President & CEO now total 875.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, RBLX has a high of $47.20 and a low of $24.88.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. RBLX’s latest balance sheet shows that the firm has $3.00B in Cash & Short Term Investments as of fiscal 2021. There were $1.23B in debt and $2.17B in liabilities at the time. Its Book Value Per Share was $0.10, while its Total Shareholder’s Equity was $592.92M.

Analysts Opinion

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. 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 RBLX is Buy with a score of 4.17.

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