Rigetti Computing Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $21.42 on 01/06/25, while the lowest value for the same period was recorded at $0.66 on 09/09/24.
52-week price history of RGTI Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Rigetti Computing Inc’s current trading price is -47.34% away from its 52-week high, while its distance from the 52-week low is 1609.09%. The stock’s price range during this period has spanned from $0.66 to $21.42. In the Technology sector, the Rigetti Computing Inc’s shares surpassed a trading volume of approximately 38.1 million for the day, which was noticeably lower compared to the average daily volume of 9.50.89 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Rigetti Computing Inc (RGTI) has experienced a quarterly rise of 20.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.30B and boasts a workforce of 140 employees.
Making Sense of Trading Volume and Moving Average Data
Examining RGTI’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ 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 Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -26.08%.However, over the last six months, we can see a weaker performance of 259.24%. Over the last 30 days, the price of RGTI has fallen by 21.95%. And in the last five days, it has fallen by -6.85%.
