In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Rush Street Interactive Inc (NYSE: RSI) was $15.41 for the day, down -0.58% from the previous closing price of $15.50. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 2.77 million shares were traded.
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 15.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.29. 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:
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 Feb 11 ’25 when SCHWARTZ RICHARD TODD bought 60,000 shares for $14.56 per share.
SCHWARTZ RICHARD TODD sold 133,905 shares of RSI for $1,904,625 on Feb 10 ’25. The Chief Executive Officer now owns 2,251,943 shares after completing the transaction at $14.22 per share. On Feb 11 ’25, another insider, SCHWARTZ RICHARD TODD, who serves as the Chief Executive Officer of the company, sold 60,000 shares for $14.56 each. As a result, the insider received 873,618 and left with 2,191,943 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.03 while its Price-to-Book (P/B) ratio in mrq is 18.46.
Stock Price History:
Over the past 52 weeks, RSI has reached a high of $16.78, while it has fallen to a 52-week low of $5.22. The 50-Day Moving Average of the stock is 7.48%, while the 200-Day Moving Average is calculated to be 38.26%.
Shares Statistics:
A total of 83.58M shares are outstanding, with a floating share count of 81.29M. Insiders hold about 8.25% of the company’s shares, while institutions hold 87.24% stake in the company.
