In a filing, Rocket Lab USA Inc revealed its Director Armagno Nina unloaded Company’s shares for reported $0.24 million on Dec 11 ’24. In the deal valued at $23.63 per share,10,000 shares were sold. As a result of this transaction, Armagno Nina now holds 132,294 shares worth roughly $2.47 million.
Then, NINA ARMAGNO bought 10,000 shares, generating $236,345 in total proceeds.
Before that, Slusky Alexander R sold 50,000 shares. Rocket Lab USA Inc shares valued at $1,214,230 were divested by the Director at a price of $24.28 per share. As a result of the transaction, Slusky Alexander R now holds 584,675 shares, worth roughly $10.91 million.
JMP Securities initiated its Rocket Lab USA Inc [RKLB] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid July from “an Overweight” to “an Equal-weight”. BTIG Research began covering RKLB with “Neutral” recommendation on June 26, 2024. Goldman started covering the stock on June 11, 2024. It rated RKLB as “a Neutral”.
Price Performance Review of RKLB
On Monday, Rocket Lab USA Inc [NASDAQ:RKLB] saw its stock fall -8.93% to $18.66. Over the last five days, the stock has lost -17.03%. Rocket Lab USA Inc shares have fallen nearly -26.74% since the year began. Nevertheless, the stocks have risen 306.54% over the past one year. While a 52-week high of $33.34 was reached on 01/24/25, a 52-week low of $3.47 was recorded on 02/28/25. SMA at 50 days reached $26.40, while 200 days put it at $13.60.
Levels Of Support And Resistance For RKLB Stock
The 24-hour chart illustrates a support level at 17.56, which if violated will result in even more drops to 16.45. On the upside, there is a resistance level at 20.61. A further resistance level may holdings at 22.55. The Relative Strength Index (RSI) on the 14-day chart is 30.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.40%. Stochastics %K at 15.74% indicates the stock is a buying.
