Rock Stock 10.88% Up Before The Weekend

(VIANEWS) – The NYSE ended the session with Rock (RKT) jumping 10.88% to $13.10 on Friday while NYSE rose 0.9% to $16,710.06.

Rock’s last close was $11.81, 1.09% under its 52-week high of $11.94.

About Rock

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, a virtual marketplace where consumers can shop and compare vehicles of many makes and models from a wide network of dealers; and Rocket Loans, an online-based personal loans business. It also offers Core Digital Media, a digital, social, and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, a tech-driven, residential solar energy provider; Rocket Money, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a software services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; Rocket Central, a professional services organization that provides technology, data, marketing, communication and other services; Rock Connections, a sales and support platform specializing in contact center services; Rocket Innovation Studio that recruits and mentors top technology talent; and Edison Financial, a digital mortgage broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings Inc.

Earnings Per Share

As for profitability, Rock has a trailing twelve months EPS of $1.8.

PE Ratio

Rock has a trailing twelve months price to earnings ratio of 7.27. Meaning, the purchaser of the share is investing $7.27 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.46%.

Volatility

Rock’s last week, last month’s, and last quarter’s current intraday variation average was 1.43%, 0.85%, and 2.54%.

Rock’s highest amplitude of average volatility was 1.43% (last week), 1.64% (last month), and 2.54% (last quarter).

Volume

Today’s last reported volume for Rock is 5002300 which is 132.5% above its average volume of 2151500.

Revenue Growth

Year-on-year quarterly revenue growth declined by 6.1%, now sitting on 3.75B for the twelve trailing months.

Sales Growth

Rock’s sales growth is 66.5% for the current quarter and 40.8% for the next.

More news about Rock (RKT).

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