Rigetti Computing Inc (NASDAQ: RGTI) on Monday, soared 2.28% from the previous trading day, before settling in for the closing price of $13.17. Within the past 52 weeks, RGTI’s price has moved between $0.66 and $21.42.
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
Technology Sector giant saw their annual sales surged by 17.17% over the last five years. The company achieved an average annual earnings per share of 32.63%. With a float of $214.93 million, this company’s outstanding shares have now reached $242.30 million.
The firm has a total of 134 workers. Let’s measure their productivity. 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) Insider Activity
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Rigetti Computing Inc is 11.30%, while institutional ownership is 29.75%. The most recent insider transaction that took place on Jan 08 ’25, was worth 1,839,000. Before that another transaction happened on Jan 06 ’25, when Company’s Former Officer proposed sale 102,852 for $19.02, making the entire transaction worth $1,956,245.
Rigetti Computing Inc (RGTI) Earnings and Forecasts
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
Rigetti Computing Inc (RGTI) is currently performing well based on its current performance indicators. A quick ratio of 4.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 274.49.
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 -0.23 in one year’s time.
Technical Analysis of Rigetti Computing Inc (RGTI)
Analysing the last 5-days average volume posted by the [Rigetti Computing Inc, RGTI], we can find that recorded value of 128.03 million was lower than the volume posted last year of 186.82 million. As of the previous 9 days, the stock’s Stochastic %D was 41.75%. Additionally, its Average True Range was 2.35.
During the past 100 days, Rigetti Computing Inc’s (RGTI) raw stochastic average was set at 61.68%, which indicates a significant decrease from 71.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 231.50% in the past 14 days, which was lower than the 237.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.47, while its 200-day Moving Average is $3.14. Now, the first resistance to watch is $14.24. This is followed by the second major resistance level at $15.02. The third major resistance level sits at $16.20. If the price goes on to break the first support level at $12.28, it is likely to go to the next support level at $11.10. Should the price break the second support level, the third support level stands at $10.32.
Rigetti Computing Inc (NASDAQ: RGTI) Key Stats
Market capitalization of the company is 3.26 billion based on 192,296K outstanding shares. Right now, sales total 12,010 K and income totals -75,110 K. The company made 2,380 K in profit during its latest quarter, and -14,830 K in sales during its previous quarter.
