A new trading day began on Tuesday, with Rackspace Technology Inc (NASDAQ: RXT) stock price down -1.49% from the previous day of trading, before settling in for the closing price of $1.34. RXT’s price has ranged from $1.30 to $3.41 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 2.64%. Meanwhile, its annual earnings per share averaged 54.64%. With a float of $65.47 million, this company’s outstanding shares have now reached $229.10 million.
Let’s determine the extent of company efficiency that accounts for 5100 employees. In terms of profitability, gross margin is 18.08%, operating margin of -11.54%, and the pretax margin is -32.21%.
Rackspace Technology Inc (RXT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Rackspace Technology Inc is 72.41%, while institutional ownership is 16.55%. The most recent insider transaction that took place on Mar 17 ’25, was worth 975,841. In this transaction Chief Executive Officer of this company sold 521,840 shares at a rate of $1.87, taking the stock ownership to the 4,368,328 shares. Before that another transaction happened on Mar 17 ’25, when Company’s Chief Financial Officer sold 20,217 for $1.87, making the entire transaction worth $37,806. This insider now owns 1,917,446 shares in total.
Rackspace Technology Inc (RXT) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.64% per share during the next fiscal year.
Rackspace Technology Inc (NASDAQ: RXT) Trading Performance Indicators
Here are Rackspace Technology Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.89, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of Rackspace Technology Inc (RXT)
Looking closely at Rackspace Technology Inc (NASDAQ: RXT), its last 5-days average volume was 1.05 million, which is a jump from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 10.75%. Additionally, its Average True Range was 0.14.
During the past 100 days, Rackspace Technology Inc’s (RXT) raw stochastic average was set at 1.72%, which indicates a significant decrease from 5.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.82% in the past 14 days, which was higher than the 67.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1625, while its 200-day Moving Average is $2.3895. However, in the short run, Rackspace Technology Inc’s stock first resistance to watch stands at $1.3633. Second resistance stands at $1.4067. The third major resistance level sits at $1.4433. If the price goes on to break the first support level at $1.2833, it is likely to go to the next support level at $1.2467. Should the price break the second support level, the third support level stands at $1.2033.
Rackspace Technology Inc (NASDAQ: RXT) Key Stats
With a market capitalization of 313.24 million, the company has a total of 237,307K Shares Outstanding. Currently, annual sales are 2,737 M while annual income is -858,200 K. The company’s previous quarter sales were 685,600 K while its latest quarter income was -56,000 K.
