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RSI: Riding the Market Waves of Growth and Decline in 2023

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The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 42.32%.However, over the last six months, we can see a weaker performance of 33.40%. Over the last 30 days, the price of RSI has fallen by 16.18%. And in the last five days, it has surged by 9.98%.

Rush Street Interactive Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $7.31 on 03/07/24 and the lowest value was $2.77 on 04/06/23.

52-week price history of RSI Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Rush Street Interactive Inc’s current trading price is -12.59% away from its 52-week high, while its distance from the 52-week low is 130.69%. The stock’s price range during this period has varied between$2.77 and $7.31. The Rush Street Interactive Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 3.66 million for the day, a figure considerably higher than their average daily volume of 1.11 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Rush Street Interactive Inc (RSI) has experienced a quarterly rise of 46.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 489.09M and boasts a workforce of 820 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 4.82, with a change in price of +3.10. Similarly, Rush Street Interactive Inc recorded 993,754 in trading volume during the last 100 days, posting a change of +94.22%.

RSI’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 RSI stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.

RSI Stock Stochastic Average

Rush Street Interactive Inc’s raw stochastic average for the past 50 days is presently 75.47%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 56.09%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 43.04% and 36.09%, respectively.