Rapid Micro Biosystems Inc (NASDAQ: RPID) on Tuesday, soared 12.07% from the previous trading day, before settling in for the closing price of $3.48. Within the past 52 weeks, RPID’s price has moved between $0.58 and $3.75.
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A company in the Healthcare sector has jumped its sales by 11.76% annually for the last half of the decade. The company achieved an average annual earnings per share of 11.20%. With a float of $20.43 million, this company’s outstanding shares have now reached $37.72 million.
In an organization with 193 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -4.82%, operating margin of -198.23%, and the pretax margin is -184.78%.
Rapid Micro Biosystems Inc (RPID) Insider and Institutional Ownership
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Rapid Micro Biosystems Inc is 52.52%, while institutional ownership is 15.94%. The most recent insider transaction that took place on Dec 03 ’24, was worth 10,880. In this transaction Director of this company bought 10,880 shares at a rate of $1.00, taking the stock ownership to the 45,180 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Director bought 9,120 for $1.04, making the entire transaction worth $9,484. This insider now owns 54,300 shares in total.
Rapid Micro Biosystems Inc (RPID) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.40% during the next five years compared to -16.10% drop over the previous five years of trading.
Rapid Micro Biosystems Inc (NASDAQ: RPID) Trading Performance Indicators
Rapid Micro Biosystems Inc (RPID) is currently performing well based on its current performance indicators. A quick ratio of 4.19 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 6.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.11, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.92 in one year’s time.
Technical Analysis of Rapid Micro Biosystems Inc (RPID)
Let’s dig in a bit further. During the last 5-days, its volume was 0.68 million. That was better than the volume of 0.41 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.84%. Additionally, its Average True Range was 0.38.
During the past 100 days, Rapid Micro Biosystems Inc’s (RPID) raw stochastic average was set at 96.85%, which indicates a significant increase from 95.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 172.55% in the past 14 days, which was higher than the 100.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.56, while its 200-day Moving Average is $1.03. However, in the short run, Rapid Micro Biosystems Inc’s stock first resistance to watch stands at $4.05. Second resistance stands at $4.20. The third major resistance level sits at $4.40. If the price goes on to break the first support level at $3.70, it is likely to go to the next support level at $3.50. The third support level lies at $3.35 if the price breaches the second support level.
Rapid Micro Biosystems Inc (NASDAQ: RPID) Key Stats
Market capitalization of the company is 167.83 million based on 43,034K outstanding shares. Right now, sales total 22,520 K and income totals -52,470 K. The company made 7,600 K in profit during its latest quarter, and -11,320 K in sales during its previous quarter.
