Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 12.70% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 0.91%. Over the past 30 days, the price of RGTI has fallen by 36.18%. And in the last five days, it has surged by 35.96%.
Rigetti Computing Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.36 on 03/08/24 and the lowest value was $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 -52.97% away from its 52-week high, while its distance from the 52-week low is 68.18%. 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 11.58 million for the day, a figure considerably higher than their average daily volume of 3.35 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Rigetti Computing Inc (RGTI) has experienced a quarterly rise of 5.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 212.28M 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 0.9217, with a change in price of +0.0600. Similarly, Rigetti Computing Inc recorded 4,362,991 in trading volume during the last 100 days, posting a change of +5.71%.
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
As of today, Rigetti Computing Inc’s raw stochastic average for the last 50 days stands at 85.71%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 84.21%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 84.95% and 78.39%, respectively.
