Rigetti Computing Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $2.36 on 03/08/24, with the lowest value being $0.66 on 09/09/24.
52-week price history of RGTI 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. Rigetti Computing Inc’s current trading price is -52.12% away from its 52-week high, while its distance from the 52-week low is 71.21%. The stock’s price range for this period has remained between $0.66 and $2.36. The Technology sector company’s shares managed to surpass a trading volume of around 5.18 million for the day, which was noticeably higher compared to the shares’ average daily volume of 4.32 million over the last three months.
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Financial Performance and Market Capitalization
Rigetti Computing Inc (RGTI) has experienced a quarterly rise of 33.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 201.37M and boasts a workforce of 134 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9493, with a change in price of +0.1100. Similarly, Rigetti Computing Inc recorded 5,046,296 in trading volume during the last 100 days, posting a change of +10.78%.
RGTI Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation 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, the raw stochastic average of Rigetti Computing Inc over the past 50 days is 43.93%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 40.30%. Additionally, the Stochastic %K and %D values for the company were 49.92% and 58.65%, respectively, over the past 20 days.
RGTI Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a gain of 14.73%.However, over the last six months, we can see a stronger performance of -18.71%. Over the last 30 days, the price of RGTI has fallen by 43.97%. And in the last five days, it has fallen by -24.67%.
