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Rock Stock Bullish Momentum With A 10.95% Rise On Thursday

ViaNews Editorial Team

February 2, 2023

Rock Stock Bullish Momentum With A 10.95% Rise On Thursday
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(VIANEWS) - The NYSE ended the session with Rock (RKT) jumping 10.95% to $10.80 on Thursday while NYSE dropped 0.04% to $16,114.05.

Rock's last close was $9.73, 36.41% below its 52-week high of $15.30.

About Rock

Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based personal loans business. It also offer Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, which connect homeowners with digital financing solutions through a team of trained solar advisors; Truebill, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; and Edison Financial, a digital mortgage broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc.

Earnings Per Share

As for profitability, Rock has a trailing twelve months EPS of $3.03.

PE Ratio

Rock has a trailing twelve months price to earnings ratio of 3.56. Meaning, the purchaser of the share is investing $3.56 for every dollar of annual earnings.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 39.56%.

More news about Rock (RKT).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.