Recursion Pharmaceuticals Inc (RXRX) kicked off at the price of $6.64: Venture capitalists have an exciting new opportunity

Recursion Pharmaceuticals Inc (NASDAQ: RXRX) on Monday, soared 3.75% from the previous trading day, before settling in for the closing price of $6.40. Within the past 52 weeks, RXRX’s price has moved between $5.03 and $15.74.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 132.77%. The company achieved an average annual earnings per share of 1.11%. With a float of $226.84 million, this company’s outstanding shares have now reached $291.36 million.

In terms of profitability, gross margin is -26.05%, operating margin of -824.25%, and the pretax margin is -767.94%.

Recursion Pharmaceuticals Inc (RXRX) Breakdown of a Key Holders of the stock

Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Recursion Pharmaceuticals Inc is 22.15%, while institutional ownership is 77.83%. The most recent insider transaction that took place on Oct 29 ’24, was worth 76,926. In this transaction Director of this company sold 11,447 shares at a rate of $6.72, taking the stock ownership to the 7,077,560 shares. Before that another transaction happened on Oct 29 ’24, when Company’s Director proposed sale 11,447 for $6.72, making the entire transaction worth $76,926.

Recursion Pharmaceuticals Inc (RXRX) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 1.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to -43.41% drop over the previous five years of trading.

Recursion Pharmaceuticals Inc (NASDAQ: RXRX) Trading Performance Indicators

Recursion Pharmaceuticals Inc (RXRX) is currently performing well based on its current performance indicators. A quick ratio of 6.07 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 39.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.62, a number that is poised to hit -0.33 in the next quarter and is forecasted to reach -1.72 in one year’s time.

Technical Analysis of Recursion Pharmaceuticals Inc (RXRX)

Compared to the last year’s volume of 5.67 million, its volume of 3.78 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 34.44%. Additionally, its Average True Range was 0.36.

During the past 100 days, Recursion Pharmaceuticals Inc’s (RXRX) raw stochastic average was set at 18.39%, which indicates a significant decrease from 49.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.36% in the past 14 days, which was lower than the 72.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.62, while its 200-day Moving Average is $8.53. Nevertheless, the first resistance level for the watch stands at $6.81 in the near term. At $6.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.28. If the price goes on to break the first support level at $6.34, it is likely to go to the next support level at $6.05. Now, if the price goes above the second support level, the third support stands at $5.87.

Recursion Pharmaceuticals Inc (NASDAQ: RXRX) Key Stats

Market capitalization of the company is 1.96 billion based on 281,109K outstanding shares. Right now, sales total 44,580 K and income totals -328,070 K. The company made 14,420 K in profit during its latest quarter, and -97,540 K in sales during its previous quarter.