Rackspace Technology Inc (NASDAQ: RXT) on Monday, soared 3.39% from the previous trading day, before settling in for the closing price of $1.18. Within the past 52 weeks, RXT’s price has moved between $1.00 and $3.41.
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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -50.09%. The company achieved an average annual earnings per share of 48.37%. With a float of $61.64 million, this company’s outstanding shares have now reached $237.30 million.
The extent of productivity of a business whose workforce counts for 5100 workers is very important to gauge. In terms of profitability, gross margin is 19.45%, operating margin of -10.87%, and the pretax margin is -11.04%.
Rackspace Technology Inc (RXT) Insider Updates
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Rackspace Technology Inc is 74.03%, while institutional ownership is 17.34%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 48.37% per share during the next fiscal year.
Rackspace Technology Inc (NASDAQ: RXT) Trading Performance Indicators
Rackspace Technology Inc (RXT) is currently performing well based on its current performance indicators. A quick ratio of 0.79 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 0.11. Likewise, its price to free cash flow for the trailing twelve months is 5.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.29, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Rackspace Technology Inc (RXT)
The latest stats from [Rackspace Technology Inc, RXT] show that its last 5-days average volume of 0.86 million was inferior to 0.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 12.29%.
During the past 100 days, Rackspace Technology Inc’s (RXT) raw stochastic average was set at 19.13%, which indicates a significant increase from 16.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1092 in the past 14 days, which was higher than the 0.1042 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2901, while its 200-day Moving Average is $1.9612.
