Rackspace Technology Inc (NASDAQ: RXT) established initial surge of 0.99% at $2.56, before settling in for the price of $2.53 at the close. Taking a more long-term approach, RXT posted a 52-week range of $1.17-$3.18.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Technology sector firm’s twelve-monthly sales growth has been 4.01% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -11.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -110.18%. This publicly-traded company’s shares outstanding now amounts to $217.40 million, simultaneously with a float of $59.23 million. The organization now has a market capitalization sitting at $577.51 million. At the time of writing, stock’s 50-day Moving Average stood at $2.46, while the 200-day Moving Average is $2.15.
Rackspace Technology Inc (RXT) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Rackspace Technology Inc industry. Rackspace Technology Inc’s current insider ownership accounts for 73.79%, in contrast to 19.49% institutional ownership. According to the most recent insider trade that took place on Oct 01 ’24, this organization’s Chief Executive Officer sold 91,863 shares at the rate of 2.37, making the entire transaction reach 217,715 in total value, affecting insider ownership by 5,066,536. Preceding that transaction, on Sep 30 ’24, Company’s Chief Executive Officer sold 84,823 for 2.42, making the whole transaction’s value amount to 205,272. This particular insider is now the holder of 5,158,399 in total.
Rackspace Technology Inc (RXT) Earnings and Revenue Records
Rackspace Technology Inc’s EPS decrease for this current 12-month fiscal period is -110.18% and is forecasted to reach -0.12 in the upcoming year.
Rackspace Technology Inc (NASDAQ: RXT) Trading Performance Indicators
Let’s observe the current performance indicators for Rackspace Technology Inc (RXT). It’s Quick Ratio in the last reported quarter now stands at 0.90. The Stock has managed to achieve an average true range (ATR) of 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.20. Similarly, its price to free cash flow for trailing twelve months is now 3.99.
In the same vein, RXT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.73, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.12 at the market close of one year from today.
Technical Analysis of Rackspace Technology Inc (RXT)
Now, what If we examine the latest scores posted by [Rackspace Technology Inc, RXT]. During the last 5-days, its volume was lower the volume of 1.09 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 29.20% While, its Average True Range was 0.13.
Raw Stochastic average of Rackspace Technology Inc (RXT) in the period of the previous 100 days is set at 53.40%, which indicates a major rise in contrast to 23.86% 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 52.15% that was lower than 70.06% volatility it exhibited in the past 100-days period.
