Gaining Ground: Rush Street Interactive Inc (RSI) Closes Higher at 11.84, Up 5.15

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The price of Rush Street Interactive Inc (NYSE: RSI) closed at $11.84 in the last session, up 5.15% from day before closing price of $11.26. In other words, the price has increased by $5.15 from its previous closing price. On the day, 1.97 million shares were traded. RSI stock price reached its highest trading level at $11.84 during the session, while it also had its lowest trading level at $10.91.

Ratios:

We take a closer look at RSI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.20.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 15 ’24 when SCHWARTZ RICHARD TODD sold 103,905 shares for $11.02 per share. The transaction valued at 1,145,085 led to the insider holds 1,703,578 shares of the business.

SCHWARTZ RICHARD TODD sold 90,000 shares of RSI for $1,008,090 on Nov 18 ’24. The Chief Executive Officer now owns 1,613,578 shares after completing the transaction at $11.20 per share. On Nov 15 ’24, another insider, STETZ MATTIAS, who serves as the Chief Operating Officer of the company, sold 20,000 shares for $11.02 each. As a result, the insider received 220,374 and left with 580,484 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 2672240640. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.09 while its Price-to-Book (P/B) ratio in mrq is 14.19.

Stock Price History:

Over the past 52 weeks, RSI has reached a high of $12.46, while it has fallen to a 52-week low of $3.56. The 50-Day Moving Average of the stock is 9.93%, while the 200-Day Moving Average is calculated to be 36.69%.

Shares Statistics:

According to the various share statistics, RSI traded on average about 1.90M shares per day over the past 3-months and 2841800 shares per day over the past 10 days. A total of 88.61M shares are outstanding, with a floating share count of 79.55M. Insiders hold about 10.22% of the company’s shares, while institutions hold 74.82% stake in the company. Shares short for RSI as of 1730332800 were 5091679 with a Short Ratio of 2.68, compared to 1727654400 on 4233614. Therefore, it implies a Short% of Shares Outstanding of 5091679 and a Short% of Float of 6.0399998.

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