Rambus Inc (NASDAQ: RMBS) on Monday, soared 3.01% from the previous trading day, before settling in for the closing price of $57.41. Within the past 52 weeks, RMBS’s price has moved between $37.42 and $76.38.
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Annual sales at Technology sector company grew by 16.01% over the past five years. 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 look at the performance matrix of the company that is accounted 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) Insider Updates
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Rambus Inc is 0.67%, while institutional ownership is 88.02%. The most recent insider transaction that took place on Dec 12 ’24, was worth 314,854. In this transaction Director of this company sold 5,408 shares at a rate of $58.22, taking the stock ownership to the 29,090 shares. Before that another transaction happened on Dec 12 ’24, when Company’s SVP, General Counsel sold 2,462 for $58.13, making the entire transaction worth $143,123. This insider now owns 20,628 shares in total.
Rambus Inc (RMBS) Performance Highlights and Predictions
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 12.03. Likewise, its price to free cash flow for the trailing twelve months is 30.91.
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)
Rambus Inc (NASDAQ: RMBS) saw its 5-day average volume 0.87 million, a negative change from its year-to-date volume of 1.49 million. As of the previous 9 days, the stock’s Stochastic %D was 37.51%. Additionally, its Average True Range was 1.93.
During the past 100 days, Rambus Inc’s (RMBS) raw stochastic average was set at 92.74%, which indicates a significant increase from 66.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.55% in the past 14 days, which was lower than the 63.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.16, while its 200-day Moving Average is $53.03. Nevertheless, the first resistance level for the watch stands at $60.38 in the near term. At $61.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $63.58. If the price goes on to break the first support level at $57.18, it is likely to go to the next support level at $55.23. Assuming the price breaks the second support level, the third support level stands at $53.98.
Rambus Inc (NASDAQ: RMBS) Key Stats
Market capitalization of the company is 6.23 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.
