Rent the Runway Inc. (NASDAQ: RENT) flaunted slowness of -5.41% at $2.80, as the Stock market unbolted on March 16, 2023. During the day, the stock rose to $2.95 and sunk to $2.70 before settling in for the price of $2.96 at the close. Taking a more long-term approach, RENT posted a 52-week range of $1.10-$7.49.
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Nevertheless, stock’s Earnings Per Share (EPS) this year is -23.50%. This publicly-traded company’s shares outstanding now amounts to $64.52 million, simultaneously with a float of $58.22 million. The organization now has a market capitalization sitting at $203.78 million. At the time of writing, stock’s 50-day Moving Average stood at $3.72, while the 200-day Moving Average is $3.30.
While finding the extent of efficiency of the company that is accounted for 958 employees. For the Profitability, stocks gross margin was +4.38, operating margin was -60.01 and Pretax Margin of -104.33.
Rent the Runway Inc. (RENT) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Rent the Runway Inc. industry. Rent the Runway Inc.’s current insider ownership accounts for 5.30%, in contrast to 75.90% institutional ownership. According to the most recent insider trade that took place on Feb 02, this organization’s Chief Revenue Officer sold 8,183 shares at the rate of 4.51, making the entire transaction reach 36,909 in total value, affecting insider ownership by 529,811. Preceding that transaction, on Feb 02, Company’s CEO & Chair sold 7,737 for 4.51, making the whole transaction’s value amount to 34,898. This particular insider is now the holder of 0 in total.
Rent the Runway Inc. (RENT) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 10/30/2022, it has been observed that the corporation posted -$0.56 earnings per share (EPS) during the time that was better the consensus figure (set at -$0.56) by $0. This company achieved a net margin of -104.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.51 per share during the current fiscal year.
Rent the Runway Inc.’s EPS decrease for this current 12-month fiscal period is -23.50% and is forecasted to reach -1.84 in the upcoming year.
Rent the Runway Inc. (NASDAQ: RENT) Trading Performance Indicators
Let’s observe the current performance indicators for Rent the Runway Inc. (RENT). It’s Quick Ratio in the last reported quarter now stands at 2.60. The Stock has managed to achieve an average true range (ATR) of 0.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.71.
In the same vein, RENT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.38, a figure that is expected to reach -0.51 in the next quarter, and analysts are predicting that it will be -1.84 at the market close of one year from today.
Technical Analysis of Rent the Runway Inc. (RENT)
Now, what If we examine the latest scores posted by [Rent the Runway Inc., RENT]. During the last 5-days, its volume was lower the volume of 1.01 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 21.89% While, its Average True Range was 0.27.
Raw Stochastic average of Rent the Runway Inc. (RENT) in the period of the previous 100 days is set at 45.70%, which indicates a major rise in contrast to 10.26% 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 82.92% that was lower than 135.93% volatility it exhibited in the past 100-days period.