Rock Stock Bullish Momentum With A 10.95% Rise On Thursday

(VIANEWS) – The NYSE ended the session with Rock (RKT) jumping 10.95% to $10.80 on Thursday while NYSE dropped 0.04% to $16,114.05.

Rock’s last close was $9.73, 36.41% below its 52-week high of $15.30.

About Rock

Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses 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, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based personal loans business. It also offer Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, which connect homeowners with digital financing solutions through a team of trained solar advisors; Truebill, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; 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 $3.03.

PE Ratio

Rock has a trailing twelve months price to earnings ratio of 3.56. Meaning,
the purchaser of the share is investing $3.56 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 39.56%.

More news about Rock (RKT).

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