Witnessing the stock’s movement on the chart, on January 07, 2022, Rite Aid Corporation (NYSE: RAD) set off with pace as it heaved 1.16% to $13.03. During the day, the stock rose to $13.23 and sunk to $12.46 before settling in for the price of $12.88 at the close. Taking a more long-term approach, RAD posted a 52-week range of $11.50-$32.48.
The Healthcare sector firm’s twelve-monthly sales growth has been 3.00% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -24.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 78.80%. This publicly-traded company’s shares outstanding now amounts to $54.17 million, simultaneously with a float of $52.26 million. The organization now has a market capitalization sitting at $718.47 million. At the time of writing, stock’s 50-day Moving Average stood at $13.40, while the 200-day Moving Average is $16.13.
Rite Aid Corporation (RAD) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Pharmaceutical Retailers industry. Rite Aid Corporation’s current insider ownership accounts for 2.70%, in contrast to 58.50% institutional ownership. According to the most recent insider trade that took place on Dec 22, this organization’s President and CEO bought 14,350 shares at the rate of 13.93, making the entire transaction reach 199,960 in total value, affecting insider ownership by 559,498. Preceding that transaction, on Jul 29, Company’s Executive VP sold 28,384 for 15.42, making the whole transaction’s value amount to 437,571. This particular insider is now the holder of 95,065 in total.
Rite Aid Corporation (RAD) Earnings and Revenue Records
As on 11/29/2021, Multinational firm has announced its last quarter scores, in which it reported $0.15 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.32) by $0.47. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
Rite Aid Corporation’s EPS increase for this current 12-month fiscal period is 78.80% and is forecasted to reach 0.01 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -3.69% through the next 5 years, which can be compared against the -24.20% growth it accomplished over the previous five years trading on the market.
Rite Aid Corporation (NYSE: RAD) Trading Performance Indicators
Let’s observe the current performance indicators for Rite Aid Corporation (RAD). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 0.88. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.03. Similarly, its price to free cash flow for trailing twelve months is now 3.93.
In the same vein, RAD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.11, a figure that is expected to reach -0.56 in the next quarter, and analysts are predicting that it will be 0.01 at the market close of one year from today.
Technical Analysis of Rite Aid Corporation (RAD)
Going through the that latest performance of [Rite Aid Corporation, RAD]. Its last 5-days volume of 2.71 million indicated improvement to the volume of 2.71 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 24.22% While, its Average True Range was 0.93.
Raw Stochastic average of Rite Aid Corporation (RAD) in the period of the previous 100 days is set at 19.83%, which indicates a major fall in contrast to 36.83% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 109.44% that was higher than 59.82% volatility it exhibited in the past 100-days period.