Rackspace Technology Inc (NASDAQ: RXT) flaunted slowness of -7.05% at $2.24, before settling in for the price of $2.41 at the close. Taking a more long-term approach, RXT posted a 52-week range of $1.45-$3.41.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 4.01%. Meanwhile, its Annual Earning per share during the time was -11.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -83.47%. This publicly-traded company’s shares outstanding now amounts to $227.60 million, simultaneously with a float of $61.02 million. The organization now has a market capitalization sitting at $509.75 million. At the time of writing, stock’s 50-day Moving Average stood at $2.58, while the 200-day Moving Average is $2.27.
Rackspace Technology Inc (RXT) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Rackspace Technology Inc industry. Rackspace Technology Inc’s current insider ownership accounts for 73.19%, in contrast to 17.16% institutional ownership. According to the most recent insider trade that took place on Dec 06 ’24, this organization’s Director bought 19,455 shares at the rate of 2.60, making the entire transaction reach 50,583 in total value, affecting insider ownership by 161,930. Preceding that transaction, on Dec 03 ’24, Company’s President, Technology sold 8,028 for 2.54, making the whole transaction’s value amount to 20,391. This particular insider is now the holder of 1,018,251 in total.
Rackspace Technology Inc (RXT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
Rackspace Technology Inc’s EPS decrease for this current 12-month fiscal period is -83.47% and is forecasted to reach -0.11 in the upcoming year.
Rackspace Technology Inc (NASDAQ: RXT) Trading Performance Indicators
Let’s observe the current performance indicators for Rackspace Technology Inc (RXT). It’s Quick Ratio in the last reported quarter now stands at 0.84. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.18.
In the same vein, RXT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.50, a figure that is expected to reach -0.04 in the next quarter, and analysts are predicting that it will be -0.11 at the market close of one year from today.
Technical Analysis of Rackspace Technology Inc (RXT)
Now, what If we examine the latest scores posted by [Rackspace Technology Inc, RXT]. During the last 5-days, its volume was lower the volume of 1.08 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 18.93% While, its Average True Range was 0.15.
Raw Stochastic average of Rackspace Technology Inc (RXT) in the period of the previous 100 days is set at 25.50%, which indicates a major rise in contrast to 0.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 54.96% that was lower than 72.40% volatility it exhibited in the past 100-days period.
