With 0.74 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 $75.08. Beta for the stock currently stands at 2.36.
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 -0.66%, but this was down by -10.84% over a month. Three-month performance dropped to -14.62% while six-month performance rose 12.01%. The stock gained 21.19% in the past year, while it has lost -5.38% so far this year. A look at the trailing 12-month EPS for RYTM yields -4.36 with Next year EPS estimates of -1.21. For the next quarter, that number is -0.67. This implies an EPS growth rate of 42.10% for this year and 51.67% for next year.
Float and Shares Shorts:
At present, 62.39 million RYTM shares are outstanding with a float of 56.83 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.
Summary of Insider Activity:
Insiders traded RYTM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
