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. The metric has seen a significant loss of -25.05% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -51.11%. Over the past 30 days, the price of RGTI has leaped by -21.96%. And in the last five days, it has fallen by -9.98%.
Rigetti Computing Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $2.36 on 03/08/24, while the lowest value for the same period was recorded at $0.66 on 09/09/24.
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52-week price history of RGTI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Rigetti Computing Inc’s current trading price is -68.72% away from its 52-week high, while its distance from the 52-week low is 11.85%. The stock’s price range during this period has varied between$0.66 and $2.36. The Rigetti Computing Inc’s shares, which operate in the Technology, saw a trading volume of around 1.4 million for the day, a figure considerably lower than their average daily volume of 4.85 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Rigetti Computing Inc (RGTI) has experienced a quarterly decline of -18.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 141.17M and boasts a workforce of 134 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 0.9857, with a change in price of -0.5725. Similarly, Rigetti Computing Inc recorded 4,380,479 in trading volume during the last 100 days, posting a change of -43.70%.
RGTI’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 RGTI stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.07.
RGTI Stock Stochastic Average
Rigetti Computing Inc’s raw stochastic average for the past 50 days is presently 12.50%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 29.81%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 33.51% and 37.45%, respectively.
