A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Rubicon Technologies Inc’s current trading price is -96.71% away from its 52-week high, while its distance from the 52-week low is 56.90%. The stock’s price range for this time frame has been between $0.29 and $13.84. The trading volume of the company’s shares in the Technology reached around 0.77 million for the day, which was evidently higher than the average daily volume of 0.39 million over the last three months.
The stock market performance of Rubicon Technologies Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $13.84 on 08/02/23, while the lowest price during the same time frame was $0.29, recorded on 04/16/24.
How Financial Performance Impacts Market Capitalization
Rubicon Technologies Inc (RBT) has experienced a quarterly decline of -65.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.85M and boasts a workforce of 340 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0014, with a change in price of -1.8450. Similarly, Rubicon Technologies Inc recorded 362,782 in trading volume during the last 100 days, posting a change of -80.22%.
RBT Stock Stochastic Average
Rubicon Technologies Inc’s raw stochastic average for the past 50 days is currently at 19.64%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 88.09%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 61.76% and 47.35%, respectively.
RBT Stock Price Performance Analysis
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. Until today this year the stock’s price performance recorded a decrease of -75.41%. However, over the last six months, the performance has been stronger by -75.14%. The price of RBT increased 9.38% over the last 30 days. And in the last five days, it has surged by 35.05%.
