logo

Company’s Banking Shares: Up -24.97% from 52-Week Low, But Can the Momentum Hold?

DOYU

Rackspace Technology Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $3.18 on 06/28/24, with the lowest value being $1.17 on 11/01/23.

52-week price history of RXT Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Rackspace Technology Inc’s current trading price is -24.97% away from its 52-week high, while its distance from the 52-week low is 103.85%. The stock’s price range for this period has remained between $1.17 and $3.18. The Technology sector company’s shares managed to surpass a trading volume of around 0.67 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.64 million over the last three months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Financial Performance and Market Capitalization

Rackspace Technology Inc (RXT) has experienced a quarterly rise of 16.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 539.08M and boasts a workforce of 5800 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.47, with a change in price of +0.02. Similarly, Rackspace Technology Inc recorded 939,149 in trading volume during the last 100 days, posting a change of +0.63%.

RXT Stock Stochastic Average

As of today, the raw stochastic average of Rackspace Technology Inc over the last 50 days is at 37.65%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 4.72%. Further, the company’s Stochastic %K and %D values for the last 20 days were 29.62% and 37.37%, respectively.

RXT Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The metric has seen a significant gain of 19.25% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 37.07%. Over the past 30 days, the price of RXT has fallen by 0.21%. And in the last five days, it has fallen by -5.36%.

Most Popular