Stocks making the biggest moves midday: astrazeneca, snap, Tesla, Roku & more. According to today’s article on CNBC, “Snap launched its competitor to TikTok and Instagram Reels.”
Roku has been somewhat immune to the crisis with its shares jumping 3.89% to $273.39 at 13:10 EST on Monday, after two successive sessions in a row of gains. The Nasdaq Stock Market is falling 0.04% to $11,850.30, following yesterday’s downward trend, on what so far seems, a somewhat negative trend exchanging session on today.
Roku’s last close was $263.14, under its 52-week high of $279.50.
Roku’s sales growth is 46.1% for the ongoing 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 $273.39 at 13:10 EST, under its 52-week high of $279.50 and way higher than its 52-week low of $58.22.
Roku’s worth is way higher than its 50-day moving average of $224.48 and way higher than its 200-day moving average of $164.07.