Noteworthy Stocks Activity: Roku, Inc. (NASDAQ:ROKU)

Shares of Roku, Inc. (NASDAQ:ROKU) gained 0.53% to $47.68 on Tuesday. The share price is trading in a range of 47.17 – 49.40 (Price in Dollars).

Roku, Inc. (ROKU) declared that the company has hired Mustafa Ozgen as SVP and GM of Account Acquisition. Mustafa will join Roku in February from SmartKem Limited where he served as CEO. He replaces Chas Smith who serves as GM and SVP of Roku TVs and player. After a transition period, Chas is expected to retire and leave the company at the end of Q1 2019.

“Account growth is a top priority for us – both in placing our great Roku devices in the hands of consumers and further scaling our Roku TV licensing business,” said Anthony Wood, Roku Founder and CEO. “Mustafa brings a wealth of leadership experience and global TV industry knowledge which makes him well suited to spearhead our mission to make the Roku platform widely used around the world.”

“Roku is one of the most beloved companies in TV entertainment, and has built incredible momentum,” said Mustafa Ozgen. “I’m honored to join the team, and I look forward to connecting consumers with Roku devices as we drive further scale of the Roku platform.”

Mustafa has deep business management and consumer electronics industry experience around development, engineering and execution. He joins Roku after having served as CEO of both SmartKem Limited and QD Vision which was acquired by Samsung Electronics to enable its QLED branded next-generation television displays. Before QD Vision, he ran TV and media business units as SVP and GM of the Home Multimedia Business Unit at Sigma Designs, VP of Home Entertainment Products at CSR and as VP and GM of TV Business Unit at Zoran Corporation. Mustafa started his career as a Commissioned Naval Officer in the Turkish Navy.

The stock exchanged hands 9.34M shares versus average trading capacity of 10.91M shares, while its shares’ total market worth is $5.21B. Roku, Inc. (NASDAQ:ROKU) shares were trading -38.66% below from the 52-week high price mark of $77.57 and +80.91% above from the 52-week price bottom of $26.30. However the company observed 52 week high price on Feb 21, 2019 and witnessed 52 week low price.

The company employs 8.17 people, over the last 12 months has generated revenue of $655.00 million and has a net income of $-8.70 million.

The company’s EPS growth in prior 5 years was 0.00%. In the liquidity ratio analysis; current ratio was 2.10 while debt to equity ratio was 0.00.

Roku institutional ownership is held at 66.20% while insider ownership was 0.10%. Its EPS was $-0.09 while outstanding shares of the company were 108.16 million. The Company’s Net profit margin was -1.30% while gross profit margin was 44.80%. ROKU last month stock price volatility remained 7.61%.

The stock is now trading at a distance of 12.87% from 20-day simple moving average. The company’s price sits 25.39% below from its 50-day moving average of $37.24 and 0.89% away from the stock’s 200-day moving average which is $50.71.

Roku, Inc. (NASDAQ:ROKU) currently has a PEG ratio of 0.00 where as its P/E ratio is 0.00. The company’s price to sales ratio for trailing twelve months is 7.83 and price to book ratio for most recent quarter is 22.80, whereas price to cash per share for the most recent quarter is 28.53. Roku, Inc. (NASDAQ:ROKU)’s price to free cash flow for trailing twelve months is 0.00. Its quick ratio for most recent quarter is 1.80 along with current ratio for most recent quarter of 2.10. Total debt to equity ratio of the company for most recent quarter is 0.00 whereas long term debt to equity ratio for most recent quarter is 0.00. Roku, Inc. (NASDAQ:ROKU) has a Return on Assets of -2.30%. The company currently has a Return on Equity of -4.50% and Return on Investment of -14.60%.

Stephanie Reibey

I am Stephanie Reibey, a Senior News Writer for “Stocks News Point”. I covers “Hot Stocks Alert” sector and writes about trending Active Hot companies from an exclusive and “out of the box” perspective. Over the years I have built a network of resources within the Hot Stocks Alert sector I write about. I started investing in 2008 as a hobby, and since it has grown to be my passion. I look for investments that generate strong value in the long run, and also assist shareholders avoid pitfalls through my analysis.