RBLX Ends The Day At 103.16

During the last session 17M of Roblox Corporation (NYSE:RBLX)’s shares were traded. The stock closed at $103.16 per share indicating that it gained $2.63 or 2.62% during that day which brings the Roblox Corporation’s valuation to $67.08B.

The 52-week high for the Roblox Corporation’s shares is $141.60. That puts it -27.15% from that peak with a 52-week low of $60.50, while the S&P 500’s share price change was of 28.79%.

What does the trading volume tell us about the RBLX stock?

During the last trading session, Roblox Corporation (NYSE:RBLX) has seen decay in its daily volume. The daily volume was of 17M, while in the last 10 days the average was 13.45M and last three months – 18.1M.

Growing short interest

The Roblox Corporation’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 18.15M shares being shorted which translates into 0.66 of a short ratio for RBLX, while in the previous month the shorted shares were 16.8M.

Roblox Corporation (NYSE:RBLX)’s financials

With a market cap of 67.08B, Roblox Corporation holds a total cash of $1.93B that translates into $3.33 per share, while the total debt is of $243.87M.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 102.20%. The current revenue is of $1.66B that is $4.06 per share.

This is a great sign for a bright future.