Rover Group Inc [ROVR] Stock trading around $10.95 per share: What’s Next?

Rover Group Inc [NASDAQ: ROVR] closed the trading session at $10.95. The company report on January 16, 2024 at 9:00 AM that Rover Announces Expiration of Hart-Scott-Rodino Waiting Period.

The stocks have a year to date performance of 0.64 percent and weekly performance of 0.00 percent. The stock has been moved at 99.82 percent over the last six months. The stock has performed 0.37 percent around the most recent 30 days and changed 68.46 percent over the most recent 3-months.

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If compared to the average trading volume of 3.01M shares, ROVR reached to a volume of 4760913 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Rover Group Inc [ROVR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ROVR shares is $10.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ROVR stock is a recommendation set at 2.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Gordon Haskett have made an estimate for Rover Group Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 09, 2022.

The Average True Range (ATR) for Rover Group Inc is set at 0.05, with the Price to Sales ratio for ROVR stock in the period of the last 12 months amounting to 9.14. The Price to Book ratio for the last quarter was 6.83, with the Price to Cash per share for the same quarter was set at 1.12. Price to Free Cash Flow for ROVR in the course of the last twelve months was 92.21 with Quick ratio for the last quarter at 3.32.

ROVR stock trade performance evaluation

Rover Group Inc [ROVR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by 0.00. With this latest performance, ROVR shares gained by 0.37% in over the last four-week period, additionally plugging by 99.82% over the last 6 months – not to mention a rise of 184.42% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ROVR stock in for the last two-week period is set at 75.97, with the RSI for the last a single of trading hit 71.91, and the three-weeks RSI is set at 76.70 for Rover Group Inc [ROVR]. The present Moving Average for the last 50 days of trading for this stock 10.51, while it was recorded at 10.94 for the last single week of trading, and 6.88 for the last 200 days.

Rover Group Inc [ROVR]: An insightful look at the core fundamentals

Rover Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.32 and a Current Ratio set at 3.32.

Earnings per share (EPS) analysis for Rover Group Inc [ROVR] stock

With the latest financial reports released by the company, Rover Group Inc posted 0.03/share EPS, while the average EPS was predicted by analysts to be reported at 0/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ROVR.

Rover Group Inc [ROVR]: Institutional Ownership

The top three institutional holders of ROVR stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in ROVR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in ROVR stock with ownership which is approximately 5.8325%.