Even though Roku has been somewhat immune to the crisis, shares falling 2.59% to $269.42 at 14:12 EST on Tuesday, after three consecutive sessions in a row of gains. The Nasdaq Stock Market is rising 1.11% to $12,011.90, following yesterday’s upward trend, on what up until now seems, an all-around positive trend exchanging session today.
Stocks making the biggest moves midday: astrazeneca, snap, Tesla, Roku & more. According to yesterday’s article on CNBC, “Snap launched its competitor to TikTok and Instagram Reels.”
Roku’s last close was $276.58, below its 52-week high of $284.00.
Roku’s sales growth is 46.1% for the present quarter and 41.5% for the next. The company’s growth estimates for the current quarter and the next is 30.8% and 26.7%, respectively.
Year-on-year quarterly revenue growth grew by 73.1%, now sitting on 1.54B for the twelve trailing months.
Roku’s stock is valued at $269.42 at 14:12 EST, below its 52-week high of $284.00 and way above its 52-week low of $58.22.
Roku’s value is way above its 50-day moving average of $225.92 and way higher than its 200-day moving average of $165.07.