With 18.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 23.38 million shares. The 52-week range on RXRX shows that it touched its highest point at $12.36 and its lowest point at $5.60 during that stretch. It currently has a 1-year price target of $8.60. Beta for the stock currently stands at 0.92.
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 RXRX was down-trending over the past week, with a drop of -6.34%, but this was down by -19.09% over a month. Three-month performance dropped to -8.04% while six-month performance rose 2.36%. The stock lost -45.65% in the past year, while it has lost -10.36% so far this year. A look at the trailing 12-month EPS for RXRX yields -1.66 with Next year EPS estimates of -1.43. For the next quarter, that number is -0.52. This implies an EPS growth rate of 2.54% for this year and 13.44% for next year.
Float and Shares Shorts:
At present, 389.55 million RXRX shares are outstanding with a float of 305.79 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 RXRX since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 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 -$1.45054 being high and -$1.62696 being low. For RXRX, this leads to a yearly average estimate of -$1.53875. Based on analyst estimates, the high estimate for the next quarter is -$0.38 and the low estimate is -$0.8. The average estimate for the next quarter is thus -$0.47.
