(VIANEWS) – Shares of Roku (NASDAQ: ROKU) rose by a staggering 27.28% in 21 sessions from $53.71 at 2023-05-18, to $68.36 at 14:22 EST on Tuesday, after three sequential sessions in a row of losses. NASDAQ is falling 0.23% to $13,658.01, following the last session’s downward trend.
Roku’s last close was $70.69, 30.3% under its 52-week high of $101.42.
About Roku
Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The company also provides digital advertising and related services, including the demand-side ad platform and content distribution services, such as subscription and transaction revenue shares; media and entertainment promotional spending services; premium subscriptions services; video and display advertising services; and sells branded channel buttons on remote controls of streaming device. In addition, it offers billing services; and brand sponsorship and promotions, as well as manufactures, sells, and licenses smart TVs under the Roku TV name. Further, the company provides streaming players, audio products, and smart home products and accessories under the Roku brand name. It offers its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Mexico, Canada, the United Kingdom, Brazil, and Germany. 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 $-4.64.
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 -24.81%.
Volume
Today’s last reported volume for Roku is 4019850 which is 48.89% below its average volume of 7746920.
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