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Roku Stock Rises So Far On Monday, Outperforms Market

Via News Editorial Team

November 30, 2020

Roku Stock Rises So Far On Monday, Outperforms Market

Roku has been somewhat immune to the crisis with its shares jumping 5.59% to $290.74 at 14:10 EST on Monday, following yesterday's downward trend. The Nasdaq Stock Market is sliding 0.37% to $12,161.20, after four sequential sessions in a row of gains, on what at the moment seems, a somewhat rough trend trading session today.

Roku's last close was $275.34, 0.84% below its 52-week high of $288.31.

Roku's sales growth is 46.1% for the ongoing quarter and 42.4% 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 stock is valued at $290.74 at 14:10 EST, higher than its 52-week high of $288.31.

Roku's value is way above its 50-day moving average of $232.07 and way above its 200-day moving average of $168.60.