Rigetti Computing Inc (RGTI) last month volatility was 30.24%: Don’t Ignore this Blaring Warning Signal

Rigetti Computing Inc (NASDAQ: RGTI) started the day on Tuesday, with a price increase of 3.56% at $11.35, before settling in for the price of $10.96 at the close. Taking a more long-term approach, RGTI posted a 52-week range of $0.66-$12.75.

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

The Technology Sector giants’ yearly sales growth during the last 5-year period was 17.17%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 32.63%. This publicly-traded company’s shares outstanding now amounts to $242.30 million, simultaneously with a float of $215.18 million. The organization now has a market capitalization sitting at $2.85 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.32, while the 200-day Moving Average is $1.64.

Rigetti Computing Inc (RGTI) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Computer Hardware Industry. Rigetti Computing Inc’s current insider ownership accounts for 11.19%, in contrast to 29.25% institutional ownership. Preceding that transaction, on Dec 10 ’24, Company’s Director sold 125,000 for 6.00, making the whole transaction’s value amount to 750,000. This particular insider is now the holder of 938,864 in total.

Rigetti Computing Inc (RGTI) Earnings and Revenue Records

Rigetti Computing Inc’s EPS increase for this current 12-month fiscal period is 32.63% and is forecasted to reach -0.24 in the upcoming year.

Rigetti Computing Inc (NASDAQ: RGTI) Trading Performance Indicators

Let’s observe the current performance indicators for Rigetti Computing Inc (RGTI). It’s Quick Ratio in the last reported quarter now stands at 4.84. The Stock has managed to achieve an average true range (ATR) of 1.70. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 239.52.

In the same vein, RGTI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.38, a figure that is expected to reach -0.07 in the next quarter, and analysts are predicting that it will be -0.24 at the market close of one year from today.

Technical Analysis of Rigetti Computing Inc (RGTI)

If we take a close look at the recent performances of Rigetti Computing Inc (NASDAQ: RGTI), its last 5-days Average volume was 202.07 million that shows progress from its year to date volume of 19.95 million. During the previous 9 days, stock’s Stochastic %D was recorded 71.37% While, its Average True Range was 2.11.

Raw Stochastic average of Rigetti Computing Inc (RGTI) in the period of the previous 100 days is set at 88.42%, which indicates a major rise in contrast to 85.82% 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 302.75% that was higher than 179.84% volatility it exhibited in the past 100-days period.