Root Inc. (ROOT) saw downtrend of -5.57% in the recent trading with $21.86 being its most recent. The current price level -25.85% lower than the highest price of $29.48 marked by the stock while trading over the past 52-weeks, whereas it is 61.09% higher than the lowest price of $13.57 the company dropped to over past 52-weeks. The latest news story on ROOT appeared in GlobeNewswire under the title “Root to Participate in Upcoming Virtual Investor Conferences” on Jan-05-21.
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Squeezing the time span to 30 day period shows us the stock is currently trading -13.66% below one month high and is +63.08% above of the lowest during that time. Looking into the simple moving average, Root Inc. (ROOT)’s stock stands at a SMA-50 of $17.91 while that of 5-day is reading $20.48.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Root Inc. (ROOT) last released financial results for the quarter that ended 9/29/2020, posting a surprise factor of -587.50% for net revenue.
The perspective of Root Inc. (NASDAQ:ROOT)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.32 for stock’s EPS in the current quarter. 11 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -2.2.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 238.73 million. ROOT does have institutional investors; and they hold 40.00% or $240.46 of the stock.
As on Dec 30, 2020, Axel Capital Management, LLC was the top most holder in Root Inc. (NASDAQ:ROOT) with an ownership of 0.15 million shares of the company or 0.25% of the stake worth $2.36 million.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the Root Inc. And review of current evaluations agreed by the analysts discloses a Buy rating for ROOT. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.70 for the stock. Lower value of between 0 and 2 implies a Buy recommendation whereas the value in the range of 2 to 3 suggests Hold while above 3 recommends the investors to Sell the stock. Currently, the stock has been recommended as Moderate Buy by 12 of the Wall Street analysts.