With 58.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 48.56 million shares. The 52-week range on RGTI shows that it touched its highest point at $21.42 and its lowest point at $0.66 during that stretch. It currently has a 1-year price target of $14.80. Beta for the stock currently stands at 1.42.
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 RGTI was down-trending over the past week, with a drop of -0.47%, but this was up by 12.67% over a month. Three-month performance dropped to -17.67% while six-month performance rose 844.64%. The stock gained 720.16% in the past year, while it has lost -30.67% so far this year. A look at the trailing 12-month EPS for RGTI yields -0.96 with Next year EPS estimates of -0.15. For the next quarter, that number is -0.05. This implies an EPS growth rate of 51.13% for this year and 13.08% for next year.
Float and Shares Shorts:
At present, 283.55 million RGTI shares are outstanding with a float of 270.30 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 RGTI since 3 analysts follow the stock currently. There are 3 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 -$0.27647 being high and -$0.34098 being low. For RGTI, this leads to a yearly average estimate of -$0.31333.
