Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Rigetti Computing Inc’s stock clocked out at $11.40, down -5.79% from its previous closing price of $12.10. In other words, the price has decreased by -$5.79 from its previous closing price. On the day, 45.04 million shares were traded.
Ratios:
To gain a deeper understanding of RGTI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 18.82 and its Current Ratio is at 18.82. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on December 20, 2024, initiated with a Buy rating and assigned the stock a target price of $12.
On July 25, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $3.
On March 01, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $3.50.Alliance Global Partners initiated its Buy rating on March 01, 2024, with a $3.50 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 12 ’25 when Fitzgerald Alissa bought 77,284 shares for $12.10 per share.
Fitzgerald Alissa sold 77,284 shares of RGTI for $981,986 on Jun 12 ’25. The Director now owns 93,991 shares after completing the transaction at $12.71 per share. On Jun 11 ’25, another insider, Clifton Michael S., who serves as the Director of the company, bought 25,000 shares for $4.68 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 361.98 while its Price-to-Book (P/B) ratio in mrq is 15.79.
Stock Price History:
Over the past 52 weeks, RGTI has reached a high of $21.42, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is 8.74%, while the 200-Day Moving Average is calculated to be 55.74%.
Shares Statistics:
A total of 286.97M shares are outstanding, with a floating share count of 275.75M. Insiders hold about 5.73% of the company’s shares, while institutions hold 31.06% stake in the company.
