On Monday, Rigetti Computing Inc (NASDAQ: RGTI) opened higher 17.74% from the last session, before settling in for the closing price of $7.16. Price fluctuations for RGTI have ranged from $0.66 to $7.96 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
Technology Sector giant saw their annual sales surged by 17.17% over the last five years. Company’s average yearly earnings per share was noted 31.13% at the time writing. With a float of $203.34 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
A key investor’s attitude towards the stock of the Computer Hardware industry is another important factor to consider. The insider ownership of Rigetti Computing Inc is 16.14%, while institutional ownership is 18.93%. The most recent insider transaction that took place on Dec 10 ’24, was worth 750,000. In this transaction Director of this company sold 125,000 shares at a rate of $6.00, taking the stock ownership to the 938,864 shares. Before that another transaction happened on Dec 10 ’24, when Company’s Former Officer proposed sale 250,000 for $4.47, making the entire transaction worth $1,117,500.
Rigetti Computing Inc (RGTI) Recent Fiscal highlights
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
Check out the current performance indicators for Rigetti Computing Inc (RGTI). In the past quarter, the stock posted a quick ratio of 4.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 206.03.
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 214.86 million was better than the volume posted last year of 15.35 million. As of the previous 9 days, the stock’s Stochastic %D was 75.33%. Additionally, its Average True Range was 1.04.
During the past 100 days, Rigetti Computing Inc’s (RGTI) raw stochastic average was set at 84.55%, which indicates a significant increase from 81.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 260.22% in the past 14 days, which was higher than the 161.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.20, while its 200-day Moving Average is $1.39. Now, the first resistance to watch is $9.95. This is followed by the second major resistance level at $11.47. The third major resistance level sits at $13.09. If the price goes on to break the first support level at $6.81, it is likely to go to the next support level at $5.19. Now, if the price goes above the second support level, the third support stands at $3.67.
Rigetti Computing Inc (NASDAQ: RGTI) Key Stats
There are currently 192,296K shares outstanding in the company with a market cap of 2.45 billion. Presently, the company’s annual sales total 12,010 K according to its annual income of -75,110 K. Last quarter, the company’s sales amounted to 2,380 K and its income totaled -14,830 K.
