The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -48.10%.However, over the last six months, we can see a weaker performance of 760.87%. Over the last 30 days, the price of RGTI has leaped by -11.90%. And in the last five days, it has fallen by -12.97%.
Rigetti Computing Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $21.42 on 01/06/25 and the lowest value was $0.66 on 09/09/24.
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 -63.03% away from its 52-week high, while its distance from the 52-week low is 1100.00%. The stock’s price range during this period has varied between$0.66 and $21.42. The Rigetti Computing Inc’s shares, which operate in the Technology, saw a trading volume of around 5.11 million for the day, a figure considerably lower than their average daily volume of 73.59 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Rigetti Computing Inc (RGTI) has experienced a quarterly decline of -19.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.26B and boasts a workforce of 140 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 9.78, with a change in price of +6.47. Similarly, Rigetti Computing Inc recorded 114,005,922 in trading volume during the last 100 days, posting a change of +437.50%.
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 0.07. Similarly, the long-term debt-to-equity ratio is also 0.05.
RGTI Stock Stochastic Average
Rigetti Computing Inc’s raw stochastic average for the past 50 days is presently 15.67%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 31.74%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 38.79% and 40.93%, respectively.