Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -5.16%. However, over the last six months, the performance has been weaker by 18.84%. The price of RMBS increased 14.95% over the last 30 days. And in the last five days, it has surged by 6.13%.
Rambus Inc. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $76.38 on 01/22/24, while the lowest price for the same period was registered at $43.19 on 03/28/23.
52-week price history of RMBS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Rambus Inc.’s current trading price is -15.25% away from its 52-week high, while its distance from the 52-week low is 49.87%. The stock’s price range during this period has varied between$43.19 and $76.38. The Rambus Inc.’s shares, which operate in the Technology, saw a trading volume of around 2.37 million for the day, a figure considerably higher than their average daily volume of 1.65 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Rambus Inc. (RMBS) has experienced a quarterly decline of -3.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.98B and boasts a workforce of 623 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 63.92, with a change in price of +16.50. Similarly, Rambus Inc. recorded 1,745,169 in trading volume during the last 100 days, posting a change of +34.21%.
RMBS’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RMBS stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.03.
RMBS Stock Stochastic Average
As of today, Rambus Inc.’s raw stochastic average for the last 50 days stands at 49.94%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 82.85%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 55.42% and 48.93%, respectively.
