Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Rubrik Inc (NYSE: RBRK) was $53.66 for the day, up 1.98% from the previous closing price of $52.62. In other words, the price has increased by $1.98 from its previous closing price. On the day, 3.47 million shares were traded. RBRK stock price reached its highest trading level at $54.9 during the session, while it also had its lowest trading level at $52.02.
Ratios:
Our analysis of RBRK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.04.
On September 10, 2024, BMO Capital Markets reiterated its Outperform rating and also upped its target price recommendation from $40 to $38.
On August 19, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $42.Piper Sandler initiated its Overweight rating on August 19, 2024, with a $42 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 02 ’24 when McCarthy Brian K. sold 25,000 shares for $50.00 per share. The transaction valued at 1,250,099 led to the insider holds 337,545 shares of the business.
BRIAN MCCARTHY bought 100,000 shares of RBRK for $5,082,000 on Dec 02 ’24. On Nov 26 ’24, another insider, Choudary Kiran Kumar, who serves as the Chief Financial Officer of the company, sold 1,800 shares for $50.38 each. As a result, the insider received 90,678 and left with 373,760 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RBRK now has a Market Capitalization of 9747500032 and an Enterprise Value of 9463078912. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.30. Its current Enterprise Value per Revenue stands at 12.912 whereas that against EBITDA is -9.272.
Stock Price History:
Over the past 52 weeks, RBRK has reached a high of $54.00, while it has fallen to a 52-week low of $28.34. The 50-Day Moving Average of the stock is 28.87%, while the 200-Day Moving Average is calculated to be 49.86%.
Shares Statistics:
RBRK traded an average of 2.03M shares per day over the past three months and 1346620 shares per day over the past ten days. A total of 62.09M shares are outstanding, with a floating share count of 57.37M. Insiders hold about 68.42% of the company’s shares, while institutions hold 24.92% stake in the company. Shares short for RBRK as of 1731628800 were 4365748 with a Short Ratio of 2.09, compared to 1728950400 on 4903996.
