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. Rigetti Computing Inc’s current trading price is -50.37% away from its 52-week high, while its distance from the 52-week low is 1510.61%. The stock’s price range during this period has varied between $0.66 and $21.42. The company, active in the Technology sector, saw a trading volume of around 69.16 million for the day, considerably higher average daily volume of 54.8 million observed over the last three months.
Rigetti Computing Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $21.42 on 01/06/25, and the lowest price during that time was $0.66, recorded on 09/09/24.
How Financial Performance Impacts Market Capitalization
Rigetti Computing Inc (RGTI) has experienced a quarterly decline of -19.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.05B and boasts a workforce of 140 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 10.37, with a change in price of +7.45. Similarly, Rigetti Computing Inc recorded 106,280,984 in trading volume during the last 100 days, posting a change of +234.28%.
How RGTI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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
As of today, the raw stochastic average of Rigetti Computing Inc over the past 50 days is 68.80%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 92.86%. Additionally, the Stochastic %K and %D values for the company were 75.78% and 69.36%, respectively, over the past 20 days.
RGTI Stock Price Performance Analysis
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. This year’s metric has recorded a Price decrease of -30.34%. However, over the past six months, we’ve seen a weaker performance of 628.08%. The price of RGTI fallen by 25.21% over the last 30 days. And in the last five days, it has surged by 13.45%.
