With 1.02 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.84 million shares. The 52-week range on RXT shows that it touched its highest point at $3.41 and its lowest point at $1.45 during that stretch. It currently has a 1-year price target of $2.95. Beta for the stock currently stands at 2.03.
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 RXT was down-trending over the past week, with a drop of -7.59%, but this was down by -24.48% over a month. Three-month performance dropped to -11.69% while six-month performance fell -2.23%. The stock gained 24.43% in the past year, while it has lost -0.90% so far this year. A look at the trailing 12-month EPS for RXT yields -3.89 with Next year EPS estimates of -0.04. For the next quarter, that number is -0.08. This implies an EPS growth rate of 54.64% for this year and 69.09% for next year.
Float and Shares Shorts:
At present, 229.10 million RXT shares are outstanding with a float of 61.87 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 RXT since 8 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 3 suggest SELL ratings. Of the remaining analysts, 1 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 -$0.27182 being high and -$0.27897 being low. For RXT, this leads to a yearly average estimate of -$0.2752. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.08. The average estimate for the next quarter is thus -$0.06.
