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The closing price of Rush Street Interactive Inc (NYSE: RSI) was $9.45 for the day, up 1.07% from the previous closing price of $9.35. In other words, the price has increased by $1.07 from its previous closing price. On the day, 0.9 million shares were traded. RSI stock price reached its highest trading level at $9.505 during the session, while it also had its lowest trading level at $9.215.
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 3.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.68. 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 08 ’24 when WIERBICKI PAUL sold 20,437 shares for $9.53 per share. The transaction valued at 194,750 led to the insider holds 174,982 shares of the business.
GOLD JUDITH sold 150,000 shares of RSI for $1,425,000 on Aug 09 ’24. The Director now owns 0 shares after completing the transaction at $9.50 per share. On Aug 09 ’24, another insider, GOLD JUDITH, who serves as the Director of the company, bought 150,000 shares for $9.50 each.
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 2108540672. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 11.99.
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 $3.17. The 50-Day Moving Average of the stock is -0.34%, while the 200-Day Moving Average is calculated to be 41.30%.
Shares Statistics:
RSI traded an average of 1.99M shares per day over the past three months and 1695290 shares per day over the past ten days. A total of 83.11M shares are outstanding, with a floating share count of 74.38M. Insiders hold about 10.50% of the company’s shares, while institutions hold 77.03% stake in the company. Shares short for RSI as of 1722384000 were 5977730 with a Short Ratio of 3.00, compared to 1719532800 on 5193356. Therefore, it implies a Short% of Shares Outstanding of 5977730 and a Short% of Float of 7.580000000000001.
