Rapid7 Inc. (RPD) is expecting -21.39% growth in the next quarter: What can investors do to maximize their returns?

On January 24, 2023, Rapid7 Inc. (NASDAQ: RPD) opened at $36.34, lower -5.05% from the last session. During the day, the shares moved up to $36.7899 and dropped to $34.39 before settling in for the closing price of $36.42. Price fluctuations for RPD have ranged from $26.49 to $118.25 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 27.70% over the last five years. Company’s average yearly earnings per share was noted -36.70% at the time writing. With a float of $58.30 million, this company’s outstanding shares have now reached $58.73 million.

The firm has a total of 2353 workers. Let’s measure their productivity.

Rapid7 Inc. (RPD) Insider Activity

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The most recent insider transaction that took place on Dec 16, was worth 1,520,158. In this transaction CEO of this company sold 41,620 shares at a rate of $36.52, taking the stock ownership to the 428,074 shares. Before that another transaction happened on Dec 15, when Company’s CEO sold 41,619 for $36.68, making the entire transaction worth $1,526,432. This insider now owns 428,074 shares in total.

Rapid7 Inc. (RPD) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/29/2022, the company posted -$0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.03) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -36.70% per share during the next fiscal year.

Rapid7 Inc. (NASDAQ: RPD) Trading Performance Indicators

Check out the current performance indicators for Rapid7 Inc. (RPD). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.99. Likewise, its price to free cash flow for the trailing twelve months is 76.87.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.73, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.50 in one year’s time.

Technical Analysis of Rapid7 Inc. (RPD)

Analysing the last 5-days average volume posted by the [Rapid7 Inc., RPD], we can find that recorded value of 1.06 million was better than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 79.93%. Additionally, its Average True Range was 1.83.

During the past 100 days, Rapid7 Inc.’s (RPD) raw stochastic average was set at 23.75%, which indicates a significant decrease from 64.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.15% in the past 14 days, which was lower than the 79.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $32.50, while its 200-day Moving Average is $56.96. Now, the first resistance to watch is $36.12. This is followed by the second major resistance level at $37.65. The third major resistance level sits at $38.52. If the price goes on to break the first support level at $33.72, it is likely to go to the next support level at $32.85. Should the price break the second support level, the third support level stands at $31.32.

Rapid7 Inc. (NASDAQ: RPD) Key Stats

There are currently 59,236K shares outstanding in the company with a market cap of 1.95 billion. Presently, the company’s annual sales total 535,400 K according to its annual income of -146,330 K. Last quarter, the company’s sales amounted to 175,770 K and its income totaled -28,730 K.


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