With 0.63 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.94 million shares. The 52-week range on RXT shows that it touched its highest point at $3.41 and its lowest point at $1.00 during that stretch. It currently has a 1-year price target of $1.60. Beta for the stock currently stands at 2.04.
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 up-trending over the past week, with a rise of 3.51%, but this was down by -17.48% over a month. Three-month performance dropped to -46.12% while six-month performance fell -52.42%. The stock lost -44.34% in the past year, while it has lost -46.61% so far this year. A look at the trailing 12-month EPS for RXT yields -1.29 with Next year EPS estimates of -0.01. For the next quarter, that number is -0.05. This implies an EPS growth rate of 48.37% for this year and 90.74% for next year.
Float and Shares Shorts:
At present, 237.30 million RXT shares are outstanding with a float of 61.74 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 -$0.27243 being high and -$0.27683 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 -$0.01 and the low estimate is -$0.03. The average estimate for the next quarter is thus -$0.02.
