With 0.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 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 $73.73. Beta for the stock currently stands at 2.31.
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 -8.07%, but this was down by -5.66% over a month. Three-month performance dropped to -9.67% while six-month performance rose 15.61%. The stock gained 18.07% in the past year, while it has lost -4.75% so far this year. A look at the trailing 12-month EPS for RYTM yields -4.34 with Next year EPS estimates of -1.16. For the next quarter, that number is -0.66. This implies an EPS growth rate of 43.38% for this year and 52.97% for next year.
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 -$3.9764 being high and -$4.56989 being low. For RYTM, this leads to a yearly average estimate of -$4.28304. Based on analyst estimates, the high estimate for the next quarter is -$0.49 and the low estimate is -$0.69. The average estimate for the next quarter is thus -$0.59.
