Weak Fundamental Momentum Sinks Robinhood Markets Inc

Robinhood Markets Inc (NASDAQ:HOOD) has a beta value of 1.84 and has seen 9.32 million shares traded in the recent trading session. The company, currently valued at $21.15B, closed the recent trade at $24.07 per share which meant it gained $0.85 on the day or 3.64% during that session. The HOOD stock price is 1.58% off its 52-week high price of $23.69 and 67.14% above the 52-week low of $7.91. The 3-month trading volume is 17.87 million shares.

Robinhood Markets Inc (NASDAQ:HOOD) trade information

Sporting 3.64% in the green today, the stock has traded in the green over the last five days, when the HOOD stock price touched $24.07 or saw a rise of 0.17%. Year-to-date, Robinhood Markets Inc shares have moved 88.89%, while the 5-day performance has seen it change 11.57%. Over the past 30 days, the shares of Robinhood Markets Inc (NASDAQ:HOOD) have changed 42.48%.

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Robinhood Markets Inc (HOOD) estimates and forecasts

Figures show that Robinhood Markets Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 105.51% over the past 6 months, with this year growth rate of 200.00%, compared to 23.00% for the industry. Revenue growth from the last financial year stood is estimated to be 29.80%.

10 analysts offering their estimates for the company have set an average revenue estimate of 622.94M for the current quarter. 10 have an estimated revenue figure of 589.99M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -48.35% over the past 5 years.

HOOD Dividends

Robinhood Markets Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.