In the latest trading session, 6.65 million Rocket Lab USA Inc (NASDAQ:RKLB) shares changed hands as the company’s beta touched 1.20. With the company’s most recent per share price at $3.76 changed hands at -$0.3 or -7.51% at last look, the market valuation stands at $1.85B. RKLB’s current price is a discount, trading about -114.1% off its 52-week high of $8.05. The share price had its 52-week low at $3.47, which suggests the last value was 7.71% up since then. When we look at Rocket Lab USA Inc’s average trading volume, we note the 3-month average coming to 7.70 million.

Rocket Lab USA Inc (NASDAQ:RKLB) trade information

Instantly RKLB was in red as seen in intraday trades today. With action -0.13%, the performance over the past five days has been red. The drop to weekly highs of 4.12 subtracted -7.51% to the stock’s daily price. The company’s shares are showing year-to-date downside of -32.10%, with the 5-day performance at -0.13% in the red. However, in the 30-day time frame, Rocket Lab USA Inc (NASDAQ:RKLB) is -0.40% down.

Rocket Lab USA Inc (RKLB) estimates and forecasts

Data shows that the Rocket Lab USA Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -18.55% over the past 6 months, a -10.53% in annual growth rate that is considerably lower than the industry average of 16.80%. Year-over-year growth is forecast to reach 75.60% up from the last financial year.

Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 106.22M. 9 analysts are of the opinion that Rocket Lab USA Inc’s revenue for the current quarter will be 102.48M. The company’s revenue for the corresponding quarters a year ago was 61.79M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 71.90%. The 2024 estimates are for Rocket Lab USA Inc earnings to decrease by -41.17%.