A new trading day began on Tuesday, with Rambus Inc (NASDAQ: RMBS) stock price up 8.94% from the previous day of trading, before settling in for the closing price of $62.96. RMBS’s price has ranged from $37.42 to $69.15 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 20.77%. Meanwhile, its annual earnings per share averaged 39.62%. With a float of $105.72 million, this company’s outstanding shares have now reached $106.58 million.
Considering the fact that the conglomerate employs 623 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 77.73%, operating margin of 31.29%, and the pretax margin is 38.75%.
Rambus Inc (RMBS) Breakdown of a Key Holders of the stock
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 0.80%, while institutional ownership is 89.93%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.62% 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 7.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.13. Likewise, its price to free cash flow for the trailing twelve months is 36.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.66, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 2.85 in one year’s time.
Technical Analysis of Rambus Inc (RMBS)
Compared to the last year’s volume of 1.04 million, its volume of 1.11 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 50.58%. Additionally, its Average True Range was 2.71.
During the past 100 days, Rambus Inc’s (RMBS) raw stochastic average was set at 98.19%, which indicates a significant increase from 95.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.68% in the past 14 days, which was higher than the 51.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $59.35, while its 200-day Moving Average is $52.87. Nevertheless, the first resistance level for the watch stands at $70.27 in the near term. At $71.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $75.24. If the price goes on to break the first support level at $65.31, it is likely to go to the next support level at $62.02. Now, if the price goes above the second support level, the third support stands at $60.34.
Rambus Inc (NASDAQ: RMBS) Key Stats
With a market capitalization of 7.31 billion, the company has a total of 106,575K Shares Outstanding. Currently, annual sales are 556,620 K while annual income is 179,820 K. The company’s previous quarter sales were 161,100 K while its latest quarter income was 62,200 K.
