On Monday, Rigetti Computing Inc (NASDAQ: RGTI) opened higher 16.97% from the last session, before settling in for the closing price of $9.37. Price fluctuations for RGTI have ranged from $0.66 to $12.75 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
During the last 5-year period, the sales growth of Technology Sector giant was 17.17%. Company’s average yearly earnings per share was noted 32.63% at the time writing. With a float of $202.81 million, this company’s outstanding shares have now reached $242.30 million.
Let’s determine the extent of company efficiency that accounts for 134 employees. 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 16.30%, while institutional ownership is 29.25%. The most recent insider transaction that took place on Dec 23 ’24, was worth 2,187,174. Before that another transaction happened on Dec 10 ’24, when Company’s Director sold 125,000 for $6.00, making the entire transaction worth $750,000. This insider now owns 938,864 shares in total.
Rigetti Computing Inc (RGTI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 32.63% 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 223.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.24 in one year’s time.
Technical Analysis of Rigetti Computing Inc (RGTI)
Looking closely at Rigetti Computing Inc (NASDAQ: RGTI), its last 5-days average volume was 224.88 million, which is a jump from its year-to-date volume of 19.59 million. As of the previous 9 days, the stock’s Stochastic %D was 57.36%. Additionally, its Average True Range was 1.69.
During the past 100 days, Rigetti Computing Inc’s (RGTI) raw stochastic average was set at 85.19%, which indicates a significant increase from 81.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 305.20% in the past 14 days, which was higher than the 180.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.11, while its 200-day Moving Average is $1.59. However, in the short run, Rigetti Computing Inc’s stock first resistance to watch stands at $12.03. Second resistance stands at $13.09. The third major resistance level sits at $13.89. If the price goes on to break the first support level at $10.17, it is likely to go to the next support level at $9.37. Now, if the price goes above the second support level, the third support stands at $8.31.
Rigetti Computing Inc (NASDAQ: RGTI) Key Stats
There are currently 192,296K shares outstanding in the company with a market cap of 2.66 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.
