Rocket Companies shares down nearly 52% from 52-week high
RKT Rocket Companies Inc
$11.48 -2.38%
View chart & analysis → - 1Rocket Companies' recent trading price recorded $11.79.
- 2Rocket Companies has fallen nearly 52% from its 52-week high of $24.36.
- 3The recent forward P/E ratio is 15, which is lower than the 5-year average of 23.
So what's the key point?
Rocket Companies' share price has dropped by more than half from its highest point in the past year. The metric used to see how expensive the stock is relative to its earnings is currently lower than usual.
Source The Motley Fool +1 · View original ↗
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