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The closing price of Rush Street Interactive Inc (NYSE: RSI) was $10.76 for the day, up 1.41% from the previous closing price of $10.61. In other words, the price has increased by $1.41 from its previous closing price. On the day, 3.65 million shares were traded. RSI stock price reached its highest trading level at $10.99 during the session, while it also had its lowest trading level at $10.55.
Ratios:
Our analysis of RSI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 1.66. 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, Needham on May 17, 2024, Reiterated its Buy rating but revised its target price to $10 from $9 previously.
On April 19, 2024, Craig Hallum Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $7 to $8.
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 Aug 27 ’24 when ROOSILEHT EINAR sold 150,000 shares for $9.09 per share. The transaction valued at 1,362,900 led to the insider holds 809,260 shares of the business.
ROOSILEHT EINAR bought 150,000 shares of RSI for $1,362,905 on Aug 27 ’24. On Aug 08 ’24, another insider, WIERBICKI PAUL, who serves as the Chief Legal Officer of the company, sold 20,437 shares for $9.53 each. As a result, the insider received 194,750 and left with 174,982 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, RSI now has a Market Capitalization of 2392690432. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.03 while its Price-to-Book (P/B) ratio in mrq is 13.65.
Stock Price History:
Over the past 52 weeks, RSI has reached a high of $11.59, while it has fallen to a 52-week low of $3.27. The 50-Day Moving Average of the stock is 5.25%, while the 200-Day Moving Average is calculated to be 30.49%.
Shares Statistics:
RSI traded an average of 1.67M shares per day over the past three months and 1465730 shares per day over the past ten days. A total of 83.11M shares are outstanding, with a floating share count of 74.89M. Insiders hold about 9.88% of the company’s shares, while institutions hold 75.52% stake in the company. Shares short for RSI as of 1728950400 were 4441885 with a Short Ratio of 2.67, compared to 1726185600 on 4221403. Therefore, it implies a Short% of Shares Outstanding of 4441885 and a Short% of Float of 5.63.
