Rockwell Automation Inc (NYSE:ROK) shares, rose in value, with the stock price up by 1.14% to the previous day’s close as strong demand from buyers drove the stock to $280.12.
Actively observing the price movement in the last trading, the stock closed the session at $276.95. The value of beta (5-year monthly) was 1.43 whereas the PE ratio was 26.64 over 12-month period. Referring to stock’s 52-week performance, its high was $348.52, and the low was $252.11. On the whole, ROK has fluctuated by -3.81% over the past month.
With the market capitalization of Rockwell Automation Inc currently standing at about $32.10 billion, investors are eagerly awaiting this quarter’s results, scheduled for Apr 25, 2024 – Apr 29, 2024. The company’s Forward Dividend Ratio is 4.86, with its dividend yield at 1.73%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ROK’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 4.08, with the price of ROK currently trading nearly -0.07% and -0.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.82, while the 7-day volatility ratio is showing 2.39% which for the 30-day chart, stands at 2.30%. Furthermore, Rockwell Automation Inc (ROK)’s beta value is 1.43, and its average true range (ATR) is 7.00.
A comparison of Rockwell Automation Inc (ROK) with its peers suggests the former has fared considerably weaker in the market. ROK showed an intraday change of 1.14% in last session, and over the past year, it grew by 3.51%%.
Data on historical trading for Rockwell Automation Inc (NYSE:ROK) indicates that the trading volumes over the past 3 months, they’ve averaged 1.14 million. According to company’s latest data on outstanding shares, there are 114.80 million shares outstanding.
Nearly 0.21% of Rockwell Automation Inc’s shares belong to company insiders and institutional investors own 78.30% of the company’s shares. The stock has fallen by -9.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ROK stock heading into the next quarter.
