Rigetti Computing Inc (NASDAQ: RGTI) kicked off on Monday, down -0.53% from the previous trading day, before settling in for the closing price of $11.22. Over the past 52 weeks, RGTI has traded in a range of $0.66-$21.42.
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A company in the Technology sector has jumped its sales by 10.34% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 51.13%. With a float of $272.19 million, this company’s outstanding shares have now reached $283.55 million.
In an organization with 140 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 36.24%, operating margin of -634.94%, and the pretax margin is -1862.72%.
Rigetti Computing Inc (RGTI) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Rigetti Computing Inc is 4.77%, while institutional ownership is 24.01%. The most recent insider transaction that took place on Mar 14 ’25, was worth 2,406,250. Before that another transaction happened on Mar 14 ’25, when Company’s CHIEF TECHNOLOGY OFFICER sold 275,000 for $9.12, making the entire transaction worth $2,508,632. This insider now owns 819,738 shares in total.
Rigetti Computing Inc (RGTI) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.13% per share during the next fiscal year.
Rigetti Computing Inc (NASDAQ: RGTI) Trading Performance Indicators
Take a look at Rigetti Computing Inc’s (RGTI) current performance indicators. Last quarter, stock had a quick ratio of 17.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 295.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.96, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.15 in one year’s time.
Technical Analysis of Rigetti Computing Inc (RGTI)
Let’s dig in a bit further. During the last 5-days, its volume was 80.6 million. That was inferior than the volume of 121.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.37%. Additionally, its Average True Range was 1.39.
During the past 100 days, Rigetti Computing Inc’s (RGTI) raw stochastic average was set at 49.61%, which indicates a significant decrease from 94.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 160.92% in the past 14 days, which was lower than the 246.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.48, while its 200-day Moving Average is $4.47. However, in the short run, Rigetti Computing Inc’s stock first resistance to watch stands at $11.49. Second resistance stands at $11.82. The third major resistance level sits at $12.24. If the price goes on to break the first support level at $10.74, it is likely to go to the next support level at $10.32. Assuming the price breaks the second support level, the third support level stands at $9.99.
Rigetti Computing Inc (NASDAQ: RGTI) Key Stats
The company with the Market Capitalisation of 3.19 billion has total of 285,828K Shares Outstanding. Its annual sales at the moment are 10,790 K in contrast with the sum of -200,990 K annual income. Company’s last quarter sales were recorded 2,270 K and last quarter income was -152,960 K.
