Roblox (NYSE:RBLX) Downgraded by Zacks Investment Research to Sell

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Roblox stock has undergone multiple analysts rating changes in the recent past.  Roblox Downgraded by Zacks Investment Research on 10/30/2021. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of Roblox traded up $1.31 on Friday, reaching $84.02. 8722291 shares of the stock traded hands, compared to its average volume of 6297777. Shares of Roblox were trading at $84.02 on Friday. The firm’s 50 day moving average is $80.56 and its 200 day moving average is N/A.Roblox has a 12 month low of $82.07 and a 12 month high of $103.87. While on yearly highs and lows, Roblox’s today has traded high as $86.15 and has touched $82.07 on the downward trend. See More Analyst Rating at: RATING

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Roblox Earnings and What to expect: 

Roblox last announced its earnings results on August 15th, 2021. The reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by $0.49. The company earned $454.10 million during the quarter, compared to analysts’ expectations of $689.21 million. Its revenue for the quarter was up 126.6% on a year-over-year basis. Roblox has generated $0.00 earnings per share over the last year. Earnings for Roblox are expected to grow in the coming year, from ($0.91) to ($0.78) per share. Roblox has confirmed that its next quarterly earnings report will be published on Monday, November 8th, 2021. Roblox will be holding an earnings conference call on Tuesday, November 9th at 8:30 AM Eastern. Interested parties can .

Earnings for Roblox are expected to grow in the coming year, from ($0.91) to ($0.78) per share.

Roblox (NYSE:RBLX) Moving Average Technical Analysis

5 day Moving Average is $82.31 And 5 day price change is $0.04 (0.05%)  with average volume for 5 day average is 6,243,740. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $77.57 and 20 day price change is $8.43 (11.15%) and average 20 day moving volume is 6,632,915. 50 day moving average is $80.56  and 50 day price change is $2.67 ( 3.28%)  and with average volume for 50 days is : 6,777,818. 200 day moving average is N/A  and 200 day price change is N/A (N/A)  and with average volume for 200 days is : N/A.

Other owners latest trading in Roblox :

  • On 10/29/2021 shares held by GWM Advisors LLC were 7,540 which equates to market value of $0.57M and appx 0.00% owners of Roblox
  • On 10/29/2021 shares held by Janney Montgomery Scott LLC were 13,478 which equates to market value of $1.02M and appx 0.00% owners of Roblox
  • On 10/29/2021 shares held by Banque Cantonale Vaudoise were 9,300 which equates to market value of $0.70M and appx 0.00% owners of Roblox
  • In total Institutional ownership equates to Institutional Ownership Percentage: 41.40% for Roblox

See More Analyst Rating at: RATING