RxSight Inc (NASDAQ: RXST) on Tuesday, plunged -4.49% from the previous trading day, before settling in for the closing price of $10.46. Within the past 52 weeks, RXST’s price has moved between $6.32 and $37.13.
The company achieved an average annual earnings per share of -50.69%. With a float of $38.58 million, this company’s outstanding shares have now reached $41.08 million.
RxSight Inc (RXST) Insider Activity
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of RxSight Inc is 6.16%, while institutional ownership is 80.64%. 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
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.03 earnings per share (EPS) for the period topping the consensus outlook (set at -0.01) by 0.04. 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
RxSight Inc (RXST) is currently performing well based on its current performance indicators. A quick ratio of 11.44 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 2.89.
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)
Looking closely at RxSight Inc (NASDAQ: RXST), its last 5-days average volume was 0.68 million, which is a drop from its year-to-date volume of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 11.02%.
During the past 100 days, RxSight Inc’s (RXST) raw stochastic average was set at 44.50%, which indicates a significant increase from 8.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.63 in the past 14 days, which was higher than the 0.56 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.64, while its 200-day Moving Average is $11.72. However, in the short run, RxSight Inc’s stock first resistance to watch stands at $10.43. Second resistance stands at $10.88. The third major resistance level sits at $11.24. If the price goes on to break the first support level at $9.62, it is likely to go to the next support level at $9.26. Should the price break the second support level, the third support level stands at $8.81.
RxSight Inc (NASDAQ: RXST) Key Stats
Market capitalization of the company is 410.76 million based on 41,117K outstanding shares. Right now, sales total 139,930 K and income totals -27,460 K. The company made 30,340 K in profit during its latest quarter, and -9,820 K in sales during its previous quarter.
