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.
RCM Technologies, Inc (NASDAQ: RCMT) closed the day trading at $20.22 down -3.11% from the previous closing price of $20.87. In other words, the price has decreased by -$3.11 from its previous closing price. On the day, 52717.0 shares were traded. RCMT stock price reached its highest trading level at $21.01 during the session, while it also had its lowest trading level at $20.13.
Ratios:
For a better understanding of RCMT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.21.
On March 17, 2020, B. Riley FBR Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $4 to $2.
On July 13, 2017, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $7.The Benchmark Company initiated its Buy rating on July 13, 2017, with a $7 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 02 ’24 when Saks Michael sold 5,000 shares for $23.22 per share. The transaction valued at 116,098 led to the insider holds 119,158 shares of the business.
Saks Michael sold 2,852 shares of RCMT for $68,430 on Dec 04 ’24. The Division President, HC Srvs. now owns 114,158 shares after completing the transaction at $23.99 per share. On Dec 03 ’24, another insider, Saks Michael, who serves as the Division President, HC Srvs. of the company, sold 2,148 shares for $23.50 each. As a result, the insider received 50,478 and left with 117,010 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, RCMT now has a Market Capitalization of 153611936 and an Enterprise Value of 188449904. As of this moment, RCM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.35, and their Forward P/E ratio for the next fiscal year is 7.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 5.11. Its current Enterprise Value per Revenue stands at 0.692 whereas that against EBITDA is 7.415.
Stock Price History:
Over the past 52 weeks, RCMT has reached a high of $32.15, while it has fallen to a 52-week low of $17.11. The 50-Day Moving Average of the stock is -10.87%, while the 200-Day Moving Average is calculated to be -1.54%.
Shares Statistics:
Over the past 3-months, RCMT traded about 46.81K shares per day on average, while over the past 10 days, RCMT traded about 53760 shares per day. A total of 7.60M shares are outstanding, with a floating share count of 5.04M. Insiders hold about 33.64% of the company’s shares, while institutions hold 35.18% stake in the company. Shares short for RCMT as of 1734048000 were 119592 with a Short Ratio of 2.55, compared to 1731628800 on 110145. Therefore, it implies a Short% of Shares Outstanding of 119592 and a Short% of Float of 2.1399999999999997.
