Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of RAPT Therapeutics Inc (NASDAQ: RAPT) was $1.05 for the day, down -0.94% from the previous closing price of $1.06. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 0.85 million shares were traded. RAPT stock price reached its highest trading level at $1.115 during the session, while it also had its lowest trading level at $0.9668.
Ratios:
Our analysis of RAPT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.87 and its Current Ratio is at 4.87. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On November 13, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $7 to $2.
Piper Sandler Downgraded its Overweight to Neutral on November 11, 2024, whereas the target price for the stock was revised from $8 to $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RAPT now has a Market Capitalization of 138607344 and an Enterprise Value of -86635760.
Stock Price History:
The Beta on a monthly basis for RAPT is 0.03, which has changed by -0.8755924 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, RAPT has reached a high of $9.65, while it has fallen to a 52-week low of $0.79. The 50-Day Moving Average of the stock is -11.34%, while the 200-Day Moving Average is calculated to be -42.34%.
Shares Statistics:
RAPT traded an average of 858.07K shares per day over the past three months and 817530 shares per day over the past ten days. A total of 132.01M shares are outstanding, with a floating share count of 68.90M. Insiders hold about 47.81% of the company’s shares, while institutions hold 45.19% stake in the company. Shares short for RAPT as of 1741910400 were 2672136 with a Short Ratio of 3.11, compared to 1739491200 on 2807537. Therefore, it implies a Short% of Shares Outstanding of 2672136 and a Short% of Float of 2.17.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
