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The RBT Stock Puzzle: Unraveling Rubicon Technologies Inc.’s Fluctuating Performance

Rubicon Technologies Inc. (RBT) stock is currently valued at $0.46. During the last session, the stock experienced a remarkable rise, reaching $0.4878 after opening at $0.47. The stock briefly dropped to $0.456 before ultimately closing at $0.47.

Rubicon Technologies Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $4.34 on 09/15/22 and a low of $0.25 for the same time frame on 06/06/23.

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52-week price history of RBT Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Rubicon Technologies Inc.’s current trading price is -89.50% away from its 52-week high, while its distance from the 52-week low is 81.46%. The stock’s price range during this period has spanned from $0.25 to $4.34. In the Technology sector, the Rubicon Technologies Inc.’s shares surpassed a trading volume of approximately 1.33 million for the day, which was noticeably lower compared to the average daily volume of 9.4.98 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Rubicon Technologies Inc. (RBT) has experienced a quarterly rise of 14.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 137.28M and boasts a workforce of 434 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5470, with a change in price of -0.0638. Similarly, Rubicon Technologies Inc. recorded 3,470,772 in trading volume during the last 100 days, posting a change of -12.27%.

RBT Stock Stochastic Average

Today, Rubicon Technologies Inc.’s raw stochastic average for the past 50 days stands at 12.14%, indicating a rise from the raw stochastic average of the last 20 days, which was 1.30%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 4.84% and 5.16% respectively.

RBT Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -74.38%. However, over the last six months, the performance has been stronger by -49.33%. The price of RBT decreased -18.48% over the last 30 days. And in the last five days, it has fallen by -5.88%.

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