A new trading day began on Monday, with Rambus Inc (NASDAQ: RMBS) stock price down -7.96% from the previous day of trading, before settling in for the closing price of $62.97. RMBS’s price has ranged from $37.42 to $75.90 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 20.79%. Meanwhile, its annual earnings per share averaged 11.68%. With a float of $105.87 million, this company’s outstanding shares have now reached $106.58 million.
The extent of productivity of a business whose workforce counts for 623 workers is very important to gauge. 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Rambus Inc is 0.66%, while institutional ownership is 88.08%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
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
Here are Rambus Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 7.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.93. Likewise, its price to free cash flow for the trailing twelve months is 30.66.
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)
The latest stats from [Rambus Inc, RMBS] show that its last 5-days average volume of 1.13 million was superior to 0.79 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 64.06%. Additionally, its Average True Range was 2.30.
During the past 100 days, Rambus Inc’s (RMBS) raw stochastic average was set at 74.28%, which indicates a significant increase from 33.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.48% in the past 14 days, which was lower than the 52.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.79, while its 200-day Moving Average is $52.42. Now, the first resistance to watch is $59.83. This is followed by the second major resistance level at $61.71. The third major resistance level sits at $63.20. If the price goes on to break the first support level at $56.46, it is likely to go to the next support level at $54.97. The third support level lies at $53.09 if the price breaches the second support level.
Rambus Inc (NASDAQ: RMBS) Key Stats
With a market capitalization of 6.18 billion, the company has a total of 106,575K Shares Outstanding. Currently, annual sales are 461,120 K while annual income is 333,900 K. The company’s previous quarter sales were 145,510 K while its latest quarter income was 48,670 K.
