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.
RAPT Therapeutics Inc (NASDAQ: RAPT) closed the day trading at $1.10 down -9.09% from the previous closing price of $1.21. In other words, the price has decreased by -$9.09 from its previous closing price. On the day, 1.3 million shares were traded. RAPT stock price reached its highest trading level at $1.25 during the session, while it also had its lowest trading level at $1.065.
Ratios:
For a better understanding of RAPT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.90 and its Current Ratio is at 9.90. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 38454132 and an Enterprise Value of -54330920.
Stock Price History:
Over the past 52 weeks, RAPT has reached a high of $27.35, while it has fallen to a 52-week low of $0.79. The 50-Day Moving Average of the stock is -23.78%, while the 200-Day Moving Average is calculated to be -66.04%.
Shares Statistics:
Over the past 3-months, RAPT traded about 3.34M shares per day on average, while over the past 10 days, RAPT traded about 1954120 shares per day. A total of 34.96M shares are outstanding, with a floating share count of 34.96M. Insiders hold about 0.00% of the company’s shares, while institutions hold 118.69% stake in the company. Shares short for RAPT as of 1735603200 were 3558393 with a Short Ratio of 1.06, compared to 1732838400 on 1373341. Therefore, it implies a Short% of Shares Outstanding of 3558393 and a Short% of Float of 13.669999999999998.
