Roku Stock Bullish Momentum With A 29% Jump In The Last 10 Sessions

(VIANEWS) – Shares of Roku (NASDAQ: ROKU) rose by a staggering 29.26% in 10 sessions from $55.36 at 2023-02-13, to $71.56 at 10:37 EST on Monday, after five successive sessions in a row of gains. NASDAQ is falling 0.58% to $11,787.27, after two sequential sessions in a row of losses.

Roku’s last close was $71.56, 49.58% below its 52-week high of $141.93.

About Roku

Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts. It also provides digital and video advertising, content distribution, subscription, and billing services, as well as other commerce transactions, and brand sponsorship and promotions; and manufactures, sells, and licenses smart TVs under the Roku TV name. In addition, the company offers streaming players, and audio products and accessories under the Roku brand name; and sells branded channel buttons on remote controls of streaming devices. It provides its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Canada, the United Kingdom, France, Mexico, Brazil, Chile, Peru, North and South Americas, and Europe. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, Roku has a trailing twelve months EPS of $-0.14.

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 -8.68%.

More news about Roku (ROKU).

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