Roku Inc. (NASDAQ:ROKU) traded today at a new 52-week high of $425.99. Approximately 1.6 million shares have changed hands today, as compared to an average 30-day volume of 5.1 million shares.
Roku Inc. (NASDAQ:ROKU) is currently priced 36.8% above its average consensus analyst price target of $259.06.
In the past 52 weeks, shares of Roku Inc. have traded between a low of $58.22 and a high of $425.99 and is now at $410.00, which is 604% above that low price.
Roku is the leading streaming platform in the U.S. by hours watched with over 40 billion hours of content streamed in 2019. The firm”s eponymous operating system is used not only in Roku”s own hardware but in co-branded TVs and soundbars from manufacturers like TCL, Onn, and Hisense. Roku generates revenue from advertising, distribution fees, hardware sales, OS licensing, and subscription sales.
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