A new trading day began on Friday, with Rackspace Technology Inc (NASDAQ: RXT) stock price down -15.07% from the previous day of trading, before settling in for the closing price of $1.46. RXT’s price has ranged from $1.00 to $3.41 over the past 52 weeks.
Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -50.09%. Meanwhile, its annual earnings per share averaged 24.63%. With a float of $94.25 million, this company’s outstanding shares have now reached $243.60 million.
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 60.62%, while institutional ownership is 16.79%. The most recent insider transaction that took place on Sep 15 ’25, was worth 2,403,836. In this transaction Former Chief Executive Officer of this company sold 1,780,619 shares at a rate of $1.35, taking the stock ownership to the 4,608,619 shares. Before that another transaction happened on Sep 15 ’25, when Company’s Director proposed sale 2,000,000 for $1.45, making the entire transaction worth $2,900,000.
Rackspace Technology Inc (RXT) Earnings and Forecasts
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.02 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current 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 0.77. 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 4.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.08, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of Rackspace Technology Inc (RXT)
Compared to the last year’s volume of 0.98 million, its volume of 1.07 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.60%.
During the past 100 days, Rackspace Technology Inc’s (RXT) raw stochastic average was set at 17.33%, which indicates a significant increase from 7.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1234 in the past 14 days, which was higher than the 0.0973 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4654, while its 200-day Moving Average is $1.5915. Nevertheless, the first resistance level for the watch stands at $1.3567 in the near term. At $1.4733, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5567. If the price goes on to break the first support level at $1.1567, it is likely to go to the next support level at $1.0733. Should the price break the second support level, the third support level stands at $0.9567.
Rackspace Technology Inc (NASDAQ: RXT) Key Stats
With a market capitalization of 296.81 million, the company has a total of 239,361K Shares Outstanding. Currently, annual sales are 2,737 M while annual income is -858,200 K. The company’s previous quarter sales were 666,300 K while its latest quarter income was -54,500 K.
