With 1.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.95 million shares. The 52-week range on RZLT shows that it touched its highest point at $6.19 and its lowest point at $2.21 during that stretch. It currently has a 1-year price target of $13.44. Beta for the stock currently stands at 1.06.
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 RZLT was down-trending over the past week, with a drop of -3.99%, but this was up by 36.74% over a month. Three-month performance dropped to -35.19% while six-month performance fell -34.36%. The stock gained 9.06% in the past year, while it has lost -26.33% so far this year. A look at the trailing 12-month EPS for RZLT yields -1.22 with Next year EPS estimates of -1.02. For the next quarter, that number is -0.23. This implies an EPS growth rate of 32.65% for this year and -14.04% for next year. EPS is expected to grow by 14.72% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.87%.
Float and Shares Shorts:
At present, 60.53 million RZLT shares are outstanding with a float of 49.45 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 RZLT since 2 analysts follow the stock currently. There are 2 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 -$1.16867 being high and -$1.27209 being low. For RZLT, this leads to a yearly average estimate of -$1.22038.
