The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -20.64% this year. Over the last six months, there has been a weaker performance of 340.36%. The price of RGTI fallen by 36.53% during the last 30 days period. For the last 5-days stocks have slided -12.63%.
The market performance of Rigetti Computing Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $21.42 on 01/06/25, with the lowest value for the same timeframe being $0.66, recorded on 09/09/24.
52-week price history of RGTI Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Rigetti Computing Inc’s current trading price is -43.46% away from its 52-week high, while its distance from the 52-week low is 1734.85%. The stock’s price range for this period has been between $0.66 and $21.42. The Technology sector company’s shares saw a trading volume of about 53.73 million for the day, which was higher than the average daily volume of 51.73 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Rigetti Computing Inc (RGTI) has experienced a quarterly rise of 43.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.52B and boasts a workforce of 140 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.50, with a change in price of -6.91. Similarly, Rigetti Computing Inc recorded 82,359,797 in trading volume during the last 100 days, posting a change of -36.33%.
RGTI’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for RGTI stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
RGTI Stock Stochastic Average
As of today, the raw stochastic average of Rigetti Computing Inc over the past 50 days is 62.20%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 48.21%. Additionally, the Stochastic %K and %D values for the company were 66.01% and 76.55%, respectively, over the past 20 days.
