Rigetti Computing Inc (NASDAQ: RGTI) on Monday, soared 3.50% from the previous trading day, before settling in for the closing price of $15.44. Within the past 52 weeks, RGTI’s price has moved between $0.66 and $21.42.
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The company achieved an average annual earnings per share of 47.38%. With a float of $314.51 million, this company’s outstanding shares have now reached $322.75 million.
The firm has a total of 140 workers. Let’s measure their productivity. In terms of profitability, gross margin is 50.37%, operating margin of -798.66%, and the pretax margin is -1493.98%.
Rigetti Computing Inc (RGTI) Insider Activity
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Rigetti Computing Inc is 2.55%, while institutional ownership is 31.93%. The most recent insider transaction that took place on Jul 21 ’25, was worth 804,000. Before that another transaction happened on Jul 17 ’25, when Company’s Director sold 25,000 for $17.00, making the entire transaction worth $425,000. This insider now owns 828,766 shares in total.
Rigetti Computing Inc (RGTI) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.09 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.06) by -0.03. 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 47.38% per share during the next fiscal year.
Rigetti Computing Inc (NASDAQ: RGTI) Trading Performance Indicators
Rigetti Computing Inc (RGTI) is currently performing well based on its current performance indicators. A quick ratio of 18.82 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 560.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.70, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.19 in one year’s time.
Technical Analysis of Rigetti Computing Inc (RGTI)
Analysing the last 5-days average volume posted by the [Rigetti Computing Inc, RGTI], we can find that recorded value of 29.28 million was lower than the volume posted last year of 71.35 million. As of the previous 9 days, the stock’s Stochastic %D was 64.20%.
During the past 100 days, Rigetti Computing Inc’s (RGTI) raw stochastic average was set at 86.61%, which indicates a significant increase from 73.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.02 in the past 14 days, which was higher than the 0.99 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.39, while its 200-day Moving Average is $9.86. Now, the first resistance to watch is $16.36. This is followed by the second major resistance level at $16.74. The third major resistance level sits at $17.32. If the price goes on to break the first support level at $15.41, it is likely to go to the next support level at $14.83. Should the price break the second support level, the third support level stands at $14.45.
Rigetti Computing Inc (NASDAQ: RGTI) Key Stats
Market capitalization of the company is 5.16 billion based on 290,323K outstanding shares. Right now, sales total 10,790 K and income totals -200,990 K. The company made 1,470 K in profit during its latest quarter, and 42,620 K in sales during its previous quarter.
