On Friday, RxSight Inc (NASDAQ: RXST) opened higher 8.83% from the last session, before settling in for the closing price of $8.61. Price fluctuations for RXST have ranged from $6.32 to $55.57 over the past 52 weeks.
Company’s average yearly earnings per share was noted -50.92% at the time writing. With a float of $37.64 million, this company’s outstanding shares have now reached $41.08 million.
RxSight Inc (RXST) Insider Activity
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of RxSight Inc is 8.45%, while institutional ownership is 91.53%. The most recent insider transaction that took place on Mar 12 ’25, was worth 180,002. In this transaction Director of this company sold 7,000 shares at a rate of $25.71, taking the stock ownership to the 24,793 shares. Before that another transaction happened on Mar 12 ’25, when Company’s Director proposed sale 7,000 for $25.71, making the entire transaction worth $180,002.
RxSight Inc (RXST) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.03 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.01) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.
RxSight Inc (NASDAQ: RXST) Trading Performance Indicators
Check out the current performance indicators for RxSight Inc (RXST). In the past quarter, the stock posted a quick ratio of 11.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.88, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -1.10 in one year’s time.
Technical Analysis of RxSight Inc (RXST)
Looking closely at RxSight Inc (NASDAQ: RXST), its last 5-days average volume was 1.06 million, which is a jump from its year-to-date volume of 0.99 million. As of the previous 9 days, the stock’s Stochastic %D was 44.01%.
During the past 100 days, RxSight Inc’s (RXST) raw stochastic average was set at 38.27%, which indicates a significant decrease from 69.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.60 in the past 14 days, which was higher than the 0.54 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.78, while its 200-day Moving Average is $15.28. However, in the short run, RxSight Inc’s stock first resistance to watch stands at $9.94. Second resistance stands at $10.50. The third major resistance level sits at $11.35. If the price goes on to break the first support level at $8.52, it is likely to go to the next support level at $7.67. Should the price break the second support level, the third support level stands at $7.11.
RxSight Inc (NASDAQ: RXST) Key Stats
There are currently 41,117K shares outstanding in the company with a market cap of 385.26 million. Presently, the company’s annual sales total 139,930 K according to its annual income of -27,460 K. Last quarter, the company’s sales amounted to 33,640 K and its income totaled -11,790 K.
