Rigetti Computing Inc (NASDAQ: RGTI) on Monday, soared 2.05% from the previous trading day, before settling in for the closing price of $4.38. Within the past 52 weeks, RGTI’s price has moved between $0.66 and $4.39.
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Technology Sector giant saw their annual sales surged by 17.17% over the last five years. The company achieved an average annual earnings per share of 31.13%. With a float of $203.06 million, this company’s outstanding shares have now reached $242.30 million.
The firm has a total of 134 workers. Let’s measure their productivity. In terms of profitability, gross margin is 33.5%, operating margin of -565.28%, and the pretax margin is -509.58%.
Rigetti Computing Inc (RGTI) Breakdown of a Key Holders of the stock
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Rigetti Computing Inc is 16.19%, while institutional ownership is 18.93%. The most recent insider transaction that took place on Dec 09 ’24, was worth 628,750. In this transaction Director of this company sold 125,000 shares at a rate of $5.03, taking the stock ownership to the 1,063,864 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Director proposed sale 125,000 for $4.38, making the entire transaction worth $547,500.
Rigetti Computing Inc (RGTI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 31.13% per share during the next fiscal year.
Rigetti Computing Inc (NASDAQ: RGTI) Trading Performance Indicators
Rigetti Computing Inc (RGTI) is currently performing well based on its current performance indicators. A quick ratio of 4.84 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 125.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.26 in one year’s time.
Technical Analysis of Rigetti Computing Inc (RGTI)
Analysing the last 5-days average volume posted by the [Rigetti Computing Inc, RGTI], we can find that recorded value of 97.56 million was better than the volume posted last year of 68.33 million. As of the previous 9 days, the stock’s Stochastic %D was 85.40%. Additionally, its Average True Range was 0.49.
Now, the first resistance to watch is $4.95. This is followed by the second major resistance level at $5.42. The third major resistance level sits at $5.76. If the price goes on to break the first support level at $4.14, it is likely to go to the next support level at $3.80. Now, if the price goes above the second support level, the third support stands at $3.33.
Rigetti Computing Inc (NASDAQ: RGTI) Key Stats
Market capitalization of the company is 1.49 billion based on 192,296K outstanding shares. Right now, sales total 12,010 K and income totals -75,110 K. The company made 2,380 K in profit during its latest quarter, and -14,830 K in sales during its previous quarter.
