A new trading day began on Friday, with Rush Street Interactive Inc (NYSE: RSI) stock price up 0.83% from the previous day of trading, before settling in for the closing price of $10.82. RSI’s price has ranged from $3.47 to $11.59 over the past 52 weeks.
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
It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 112.68%. Meanwhile, its annual earnings per share averaged 225.76%. With a float of $74.91 million, this company’s outstanding shares have now reached $83.11 million.
The extent of productivity of a business whose workforce counts for 820 workers is very important to gauge. In terms of profitability, gross margin is 31.17%, operating margin of 1.2%, and the pretax margin is 1.8%.
Rush Street Interactive Inc (RSI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gambling Industry. The insider ownership of Rush Street Interactive Inc is 9.87%, while institutional ownership is 75.60%. The most recent insider transaction that took place on Aug 27 ’24, was worth 1,362,900. In this transaction Chief Information Officer of this company sold 150,000 shares at a rate of $9.09, taking the stock ownership to the 809,260 shares. Before that another transaction happened on Aug 27 ’24, when Company’s Officer proposed sale 150,000 for $9.09, making the entire transaction worth $1,362,905.
Rush Street Interactive Inc (RSI) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.01 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 225.76% per share during the next fiscal year.
Rush Street Interactive Inc (NYSE: RSI) Trading Performance Indicators
Here are Rush Street Interactive Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.87. Likewise, its price to free cash flow for the trailing twelve months is 30.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of Rush Street Interactive Inc (RSI)
The latest stats from [Rush Street Interactive Inc, RSI] show that its last 5-days average volume of 3.07 million was superior to 1.61 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 59.23%. Additionally, its Average True Range was 0.46.
During the past 100 days, Rush Street Interactive Inc’s (RSI) raw stochastic average was set at 77.85%, which indicates a significant increase from 60.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.84% in the past 14 days, which was lower than the 44.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.29, while its 200-day Moving Average is $8.31. Now, the first resistance to watch is $11.04. This is followed by the second major resistance level at $11.17. The third major resistance level sits at $11.30. If the price goes on to break the first support level at $10.78, it is likely to go to the next support level at $10.64. The third support level lies at $10.51 if the price breaches the second support level.
Rush Street Interactive Inc (NYSE: RSI) Key Stats
With a market capitalization of 2.48 billion, the company has a total of 225,512K Shares Outstanding. Currently, annual sales are 691,160 K while annual income is -18,310 K. The company’s previous quarter sales were 220,380 K while its latest quarter income was -100 K.
