RxSight Inc (NASDAQ: RXST) kicked off on Tuesday, up 3.80% from the previous trading day, before settling in for the closing price of $50.25. Over the past 52 weeks, RXST has traded in a range of $20.66-$66.54.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 201.89%. While this was happening, its average annual earnings per share was recorded 40.25%. With a float of $37.66 million, this company’s outstanding shares have now reached $39.68 million.
The extent of productivity of a business whose workforce counts for 374 workers is very important to gauge. In terms of profitability, gross margin is 61.72%, operating margin of -34.26%, and the pretax margin is -29.72%.
RxSight Inc (RXST) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of RxSight Inc is 5.11%, while institutional ownership is 82.84%. The most recent insider transaction that took place on Oct 28 ’24, was worth 156,993. In this transaction an insider of this company sold 3,100 shares at a rate of $50.64, taking the stock ownership to the 42,246 shares. Before that another transaction happened on Oct 25 ’24, when Company’s See remarks sold 3,100 for $49.79, making the entire transaction worth $154,360. This insider now owns 42,246 shares in total.
RxSight Inc (RXST) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.35 earnings per share (EPS), higher than consensus estimate (set at -0.43) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.25% per share during the next fiscal year.
RxSight Inc (NASDAQ: RXST) Trading Performance Indicators
Take a look at RxSight Inc’s (RXST) current performance indicators. Last quarter, stock had a quick ratio of 13.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.01, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.56 in one year’s time.
Technical Analysis of RxSight Inc (RXST)
The latest stats from [RxSight Inc, RXST] show that its last 5-days average volume of 0.38 million was inferior to 0.47 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.84%. Additionally, its Average True Range was 1.80.
During the past 100 days, RxSight Inc’s (RXST) raw stochastic average was set at 62.81%, which indicates a significant decrease from 81.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.49% in the past 14 days, which was lower than the 49.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.83, while its 200-day Moving Average is $52.69. Now, the first resistance to watch is $53.02. This is followed by the second major resistance level at $53.87. The third major resistance level sits at $54.59. If the price goes on to break the first support level at $51.45, it is likely to go to the next support level at $50.73. Assuming the price breaks the second support level, the third support level stands at $49.88.
RxSight Inc (NASDAQ: RXST) Key Stats
The company with the Market Capitalisation of 2.07 billion has total of 36,988K Shares Outstanding. Its annual sales at the moment are 89,080 K in contrast with the sum of -48,610 K annual income. Company’s last quarter sales were recorded 34,890 K and last quarter income was -6,080 K.
