With 1.35 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.8 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $48.3 whereas the lowest price it dropped to was $47.37. The 52-week range on RMBS shows that it touched its highest point at $76.38 and its lowest point at $37.42 during that stretch. It currently has a 1-year price target of $64.00. Beta for the stock currently stands at 1.17.
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 RMBS was up-trending over the past week, with a rise of 10.23%, but this was up by 19.22% over a month. Three-month performance surged to 16.05% while six-month performance fell -14.50%. The stock lost -11.52% in the past year, while it has lost -29.74% so far this year. A look at the trailing 12-month EPS for RMBS yields 1.61 with Next year EPS estimates of 2.39. For the next quarter, that number is 0.58. This implies an EPS growth rate of 11.80% for this year and 19.97% for next year.
Float and Shares Shorts:
At present, 107.85 million RMBS shares are outstanding with a float of 105.87 million shares on hand for trading. On 2024-10-15, short shares totaled 2.66 million, which was 250.0 higher than short shares on 1726185600. In addition to Mr. Luc Seraphin as the firm’s CEO, President & Director, Mr. Desmond Lynch serves as its Senior VP of Finance & CFO.
Institutional Ownership:
Through their ownership of 0.94297 of RMBS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, RMBS reported revenue of $145513000.0 and operating income of $50118000.0. The EBITDA in the recently reported quarter was $65466000.0 and diluted EPS was $0.45.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RMBS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
