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.
After finishing at $1.12 in the prior trading day, RAPT Therapeutics Inc (NASDAQ: RAPT) closed at $1.09, down -2.68%. In other words, the price has decreased by -$2.68 from its previous closing price. On the day, 0.61 million shares were traded. RAPT stock price reached its highest trading level at $1.14 during the session, while it also had its lowest trading level at $1.08.
Ratios:
Our goal is to gain a better understanding of RAPT by taking a closer look at its different ratios. 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 143887632 and an Enterprise Value of -82675560.
Stock Price History:
The Beta on a monthly basis for RAPT is -0.25, which has changed by -0.874424 over the last 52 weeks, in comparison to a change of 0.07465422 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 -9.26%, while the 200-Day Moving Average is calculated to be -45.36%.
Shares Statistics:
The stock has traded on average 3.48M shares per day over the past 3-months and 496530 shares per day over the last 10 days, according to various share statistics. 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 45.20% stake in the company. Shares short for RAPT as of 1740700800 were 2633039 with a Short Ratio of 0.76, compared to 1738281600 on 2570115. Therefore, it implies a Short% of Shares Outstanding of 2633039 and a Short% of Float of 2.1399999999999997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
