With 1.06 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.68 million shares. The 52-week range on RYTM shows that it touched its highest point at $68.58 and its lowest point at $35.17 during that stretch. It currently has a 1-year price target of $82.08. Beta for the stock currently stands at 2.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RYTM was down-trending over the past week, with a drop of -0.86%, but this was up by 17.59% over a month. Three-month performance surged to 5.92% while six-month performance rose 31.87%. The stock gained 47.69% in the past year, while it has gained 15.45% so far this year. A look at the trailing 12-month EPS for RYTM yields -4.36 with Next year EPS estimates of -1.41. For the next quarter, that number is -0.65. This implies an EPS growth rate of 38.29% for this year and 47.42% for next year.
Float and Shares Shorts:
At present, 63.49 million RYTM shares are outstanding with a float of 57.21 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RYTM since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$4.01297 being high and -$4.61192 being low. For RYTM, this leads to a yearly average estimate of -$4.32243. Based on analyst estimates, the high estimate for the next quarter is -$0.52 and the low estimate is -$0.72. The average estimate for the next quarter is thus -$0.63.
