Reddit Inc (NYSE: RDDT) open the trading on Tuesday, with great promise as it jumped 5.22% to $177.41, before settling in for the price of $168.61 at the close. Taking a more long-term approach, RDDT posted a 52-week range of $37.35-$180.74.
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The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 56.64%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -169.13%. This publicly-traded company’s shares outstanding now amounts to $116.91 million, simultaneously with a float of $103.58 million. The organization now has a market capitalization sitting at $32.78 billion. At the time of writing, stock’s 50-day Moving Average stood at $130.36.
Reddit Inc (RDDT) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Internet Content & Information industry. Reddit Inc’s current insider ownership accounts for 41.01%, in contrast to 39.08% institutional ownership. According to the most recent insider trade that took place on Dec 16 ’24, this organization’s CEO & President sold 110,408 shares at the rate of 176.24, making the entire transaction reach 19,457,765 in total value, affecting insider ownership by 0. Preceding that transaction, on Dec 16 ’24, Company’s CEO & President sold 14,000 for 176.20, making the whole transaction’s value amount to 2,466,810. This particular insider is now the holder of 620,971 in total.
Reddit Inc (RDDT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
Reddit Inc’s EPS decrease for this current 12-month fiscal period is -169.13% and is forecasted to reach 0.77 in the upcoming year.
Reddit Inc (NYSE: RDDT) Trading Performance Indicators
Let’s observe the current performance indicators for Reddit Inc (RDDT). It’s Quick Ratio in the last reported quarter now stands at 11.96. The Stock has managed to achieve an average true range (ATR) of 11.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 29.20. Similarly, its price to free cash flow for trailing twelve months is now 313.25.
In the same vein, RDDT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.30, a figure that is expected to reach 0.23 in the next quarter, and analysts are predicting that it will be 0.77 at the market close of one year from today.
Technical Analysis of Reddit Inc (RDDT)
[Reddit Inc, RDDT] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 67.58% While, its Average True Range was 11.71.
Raw Stochastic average of Reddit Inc (RDDT) in the period of the previous 100 days is set at 97.47%, which indicates a major rise in contrast to 89.40% 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 68.29% that was lower than 81.87% volatility it exhibited in the past 100-days period.
