Rent the Runway Inc (NASDAQ: RENT) started the day on Thursday, with a price decrease of -9.03% at $11.28, before settling in for the price of $12.40 at the close. Taking a more long-term approach, RENT posted a 52-week range of $4.46-$64.10.
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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 9.20%. Meanwhile, its Annual Earning per share during the time was 8.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 48.62%. This publicly-traded company’s shares outstanding now amounts to $3.10 million, simultaneously with a float of $1.50 million. The organization now has a market capitalization sitting at $40.04 million. At the time of writing, stock’s 50-day Moving Average stood at $8.62, while the 200-day Moving Average is $16.25.
Rent the Runway Inc (RENT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Apparel Retail Industry. Rent the Runway Inc’s current insider ownership accounts for 57.56%, in contrast to 35.05% institutional ownership. According to the most recent insider trade that took place on Mar 18 ’24, this organization’s Chair, CEO & President sold 155,405 shares at the rate of 0.35, making the entire transaction reach 54,019 in total value, affecting insider ownership by 3,389,723. Preceding that transaction, on Mar 18 ’24, Company’s Chief Merchant Officer sold 48,585 for 0.35, making the whole transaction’s value amount to 16,888. This particular insider is now the holder of 715,844 in total.
Rent the Runway Inc (RENT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 632.88 per share during the current fiscal year.
Rent the Runway Inc’s EPS increase for this current 12-month fiscal period is 48.62% and is forecasted to reach -16.71 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 2.12. The Stock has managed to achieve an average true range (ATR) of 3.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.13.
In the same vein, RENT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -16.97, a figure that is expected to reach -5.95 in the next quarter, and analysts are predicting that it will be -16.71 at the market close of one year from today.
Technical Analysis of Rent the Runway Inc (RENT)
If we take a close look at the recent performances of Rent the Runway Inc (NASDAQ: RENT), its last 5-days Average volume was 5.93 million that shows progress from its year to date volume of 1.11 million. During the previous 9 days, stock’s Stochastic %D was recorded 30.94% While, its Average True Range was 3.96.
Raw Stochastic average of Rent the Runway Inc (RENT) in the period of the previous 100 days is set at 27.91%, which indicates a major rise in contrast to 27.91% 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 457.97% that was higher than 200.17% volatility it exhibited in the past 100-days period.
