Rambus Inc (NASDAQ: RMBS) on Tuesday, plunged -0.70% from the previous trading day, before settling in for the closing price of $58.40. Within the past 52 weeks, RMBS’s price has moved between $37.42 and $76.38.
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
During the last 5-year period, the sales growth of Technology Sector giant was 16.01%. The company achieved an average annual earnings per share of 11.68%. With a float of $105.87 million, this company’s outstanding shares have now reached $106.58 million.
Let’s determine the extent of company efficiency that accounts for 623 employees. In terms of profitability, gross margin is 77.73%, operating margin of 31.29%, and the pretax margin is 38.75%.
Rambus Inc (RMBS) Breakdown of a Key Holders of the stock
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Rambus Inc is 0.66%, while institutional ownership is 88.02%. The most recent insider transaction that took place on May 08 ’24, was worth 335,100. In this transaction Director of this company sold 6,000 shares at a rate of $55.85, taking the stock ownership to the 26,422 shares. Before that another transaction happened on May 07 ’24, when Company’s Director sold 5,408 for $56.95, making the entire transaction worth $307,986. This insider now owns 32,422 shares in total.
Rambus Inc (RMBS) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.68% per share during the next fiscal year.
Rambus Inc (NASDAQ: RMBS) Trading Performance Indicators
Rambus Inc (RMBS) is currently performing well based on its current performance indicators. A quick ratio of 7.60 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 11.94. Likewise, its price to free cash flow for the trailing twelve months is 30.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.61, a number that is poised to hit 0.58 in the next quarter and is forecasted to reach 2.45 in one year’s time.
Technical Analysis of Rambus Inc (RMBS)
Looking closely at Rambus Inc (NASDAQ: RMBS), its last 5-days average volume was 0.61 million, which is a drop from its year-to-date volume of 1.5 million. As of the previous 9 days, the stock’s Stochastic %D was 55.25%. Additionally, its Average True Range was 1.89.
During the past 100 days, Rambus Inc’s (RMBS) raw stochastic average was set at 77.68%, which indicates a significant increase from 71.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.99% in the past 14 days, which was lower than the 65.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.72, while its 200-day Moving Average is $53.05. However, in the short run, Rambus Inc’s stock first resistance to watch stands at $58.79. Second resistance stands at $59.60. The third major resistance level sits at $60.24. If the price goes on to break the first support level at $57.34, it is likely to go to the next support level at $56.70. Now, if the price goes above the second support level, the third support stands at $55.89.
Rambus Inc (NASDAQ: RMBS) Key Stats
Market capitalization of the company is 6.18 billion based on 106,575K outstanding shares. Right now, sales total 461,120 K and income totals 333,900 K. The company made 145,510 K in profit during its latest quarter, and 48,670 K in sales during its previous quarter.
