Rush Street Interactive Inc (RSI)’s latest performance is not what we had anticipated

On Monday, Rush Street Interactive Inc (NYSE: RSI) opened higher 6.33% from the last session, before settling in for the closing price of $10.90. Price fluctuations for RSI have ranged from $3.56 to $11.59 over the past 52 weeks.

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Annual sales at Consumer Cyclical sector company grew by 112.68% over the past five years. Company’s average yearly earnings per share was noted 225.76% at the time writing. With a float of $79.51 million, this company’s outstanding shares have now reached $88.61 million.

Let’s look at the performance matrix of the company that is accounted for 820 employees. 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 Updates

A key investor’s attitude towards the stock of the Gambling industry is another important factor to consider. The insider ownership of Rush Street Interactive Inc is 10.26%, while institutional ownership is 75.29%. 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) Performance Highlights and Predictions

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

Check out the current performance indicators for Rush Street Interactive Inc (RSI). In the past quarter, the stock posted a quick ratio of 1.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.05. Likewise, its price to free cash flow for the trailing twelve months is 32.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, 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)

Rush Street Interactive Inc (NYSE: RSI) saw its 5-day average volume 3.41 million, a positive change from its year-to-date volume of 1.66 million. As of the previous 9 days, the stock’s Stochastic %D was 70.90%. Additionally, its Average True Range was 0.54.

During the past 100 days, Rush Street Interactive Inc’s (RSI) raw stochastic average was set at 96.85%, which indicates a significant increase from 94.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.96% in the past 14 days, which was higher than the 46.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.49, while its 200-day Moving Average is $8.48. Nevertheless, the first resistance level for the watch stands at $11.87 in the near term. At $12.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.62. If the price goes on to break the first support level at $11.12, it is likely to go to the next support level at $10.66. Assuming the price breaks the second support level, the third support level stands at $10.37.

Rush Street Interactive Inc (NYSE: RSI) Key Stats

There are currently 225,696K shares outstanding in the company with a market cap of 2.64 billion. Presently, the company’s annual sales total 691,160 K according to its annual income of -18,310 K. Last quarter, the company’s sales amounted to 232,110 K and its income totaled 1,190 K.