A new trading day began on Tuesday, with RxSight Inc (NASDAQ: RXST) stock price down -9.98% from the previous day of trading, before settling in for the closing price of $12.23. RXST’s price has ranged from $6.32 to $37.13 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged -50.69%. With a float of $38.58 million, this company’s outstanding shares have now reached $41.08 million.
In an organization with 498 employees, it is important to assess its efficiency.
RxSight Inc (RXST) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of RxSight Inc is 6.16%, while institutional ownership is 80.70%. 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) Performance Highlights and Predictions
In its latest quarterly report, released on 12/31/2024, the company reported earnings of 0.03 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 -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -50.69% per share during the next fiscal year.
RxSight Inc (NASDAQ: RXST) Trading Performance Indicators
Here are RxSight Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 11.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.19.
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 -1.09 in one year’s time.
Technical Analysis of RxSight Inc (RXST)
Let’s dig in a bit further. During the last 5-days, its volume was 0.92 million. That was inferior than the volume of 0.97 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.65%.
During the past 100 days, RxSight Inc’s (RXST) raw stochastic average was set at 66.52%, which indicates a significant increase from 19.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.68 in the past 14 days, which was higher than the 0.57 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.27, while its 200-day Moving Average is $12.32. However, in the short run, RxSight Inc’s stock first resistance to watch stands at $11.59. Second resistance stands at $12.16. The third major resistance level sits at $12.73. If the price goes on to break the first support level at $10.45, it is likely to go to the next support level at $9.88. Assuming the price breaks the second support level, the third support level stands at $9.31.
RxSight Inc (NASDAQ: RXST) Key Stats
With a market capitalization of 452.70 million, the company has a total of 41,117K Shares Outstanding. Currently, annual sales are 139,930 K while annual income is -27,460 K. The company’s previous quarter sales were 30,340 K while its latest quarter income was -9,820 K.
