Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Rubrik Inc’s current trading price is -11.70% away from its 52-week high, while its distance from the 52-week low is 149.26%. The stock’s price range during this period has varied between $28.34 and $80.00. The company, active in the Technology sector, saw a trading volume of around 7.23 million for the day, considerably higher average daily volume of 2.35 million observed over the last three months.
How Financial Performance Impacts Market Capitalization
Rubrik Inc (RBRK) has experienced a quarterly rise of 2.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.09B and boasts a workforce of 3100 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 60.33, with a change in price of +31.16. Similarly, Rubrik Inc recorded 2,297,782 in trading volume during the last 100 days, posting a change of +78.93%.
RBRK Stock Stochastic Average
As of today, the raw stochastic average of Rubrik Inc over the past 50 days is 67.63%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 68.10%. Additionally, the Stochastic %K and %D values for the company were 34.48% and 19.99%, respectively, over the past 20 days.
RBRK Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 8.08%.However, over the last six months, we can see a weaker performance of 110.87%. Over the last 30 days, the price of RBRK has leaped by -8.91%. And in the last five days, it has surged by 23.17%.
