Shares of Roku jumped 3.78% to $347.83 at 14:05 EST on Wednesday, following last session’s upward trend. NASDAQ Composite is jumping 0.4% to $12,870.09, following last session’s upward trend, This seems, as yet, a somewhat positive trend trading session today.
Roku’s last close was $335.18, 4.49% below its 52-week high of $363.44.
News about Roku today
Roku says its active account metric has topped 50 million for the first time. According to today’s article on MarketWatch, "Roku also disclosed its expectation that Roku users streamed about 17 billion hours of content in the fourth quarter. "
Roku’s sales growth is 47.2% for the current quarter and 42.5% for the next. The company’s growth estimates for the ongoing 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 last day, last week, and last month’s average volatility was a positive 5.44%, a negative 0.30%, and a positive 0.72%, respectively.
Roku’s last day, last week, and last month’s high and low average amplitude percentage was 4.64%, 4.40%, and 4.87%, respectively.
Roku’s Stock Yearly Top and Bottom Value
Roku’s stock is valued at $347.83 at 14:05 EST, under its 52-week high of $363.44 and way higher than its 52-week low of $58.22.
Roku’s Moving Average
Roku’s worth is way above its 50-day moving average of $308.27 and way above its 200-day moving average of $207.45.
Previous days news about Roku
Roku nears deal to buy rights to quibi's content. According to The Wall Street Journal on Monday, 4 January, "Roku, which sells the most popular streaming-media player in the U.S., is pushing aggressively into content with its own ad-supported app, the Roku Channel, which offers movies and shows produced by other companies. ", "Quibi is in advanced talks to sell its content catalog to Roku Inc., according to people familiar with the matter, as the short-form streaming service winds down its operations following an unsuccessful run."
Wsj: quibi in talks with Roku to sell content library. According to Business Insider on Monday, 4 January, "As per a report published by The Wall Street Journal, Quibi is in talks with Roku to sell its content library. "
Quibi nears deal with Roku after trying to tempt Facebook, snap. According to Bloomberg Quint on Tuesday, 5 January, "Quibi’s programming would add to Roku’s own content library and help the company, which offers a popular streaming device and platform, attract viewers to the Roku Channel.", "Quibi Holdings LLC, the failed short-video startup founded by film mogul Jeffrey Katzenberg, is close to selling rights to its shows to Roku Inc. following pitch sessions with some of the biggest names in technology, according to people familiar with the matter."
Roku throws up its own plot twist. According to The Wall Street Journal on Tuesday, 5 January, "It is hard to blame Roku for wanting to be a player, but the content game is a very expensive one to play in.", "The Wall Street Journal reported Sunday of advanced talks between the two that would give Roku control over Quibi’s library. "