Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Rigetti Computing Inc’s stock clocked out at $14.19, up 1.21% from its previous closing price of $14.02. In other words, the price has increased by $1.21 from its previous closing price. On the day, 77.01 million shares were traded.
Ratios:
To gain a deeper understanding of RGTI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 18.82 and its Current Ratio is at 18.82. 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, Craig Hallum on December 20, 2024, initiated with a Buy rating and assigned the stock a target price of $12.
On July 25, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $3.
On March 01, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $3.50.Alliance Global Partners initiated its Buy rating on March 01, 2024, with a $3.50 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 21 ’25 when Rivas David sold 44,815 shares for $11.89 per share. The transaction valued at 532,801 led to the insider holds 774,923 shares of the business.
Bertelsen Jeffrey A. bought 12,500 shares of RGTI for $149,000 on May 21 ’25. On May 21 ’25, another insider, Rivas David, who serves as the Officer of the company, bought 44,815 shares for $11.92 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 447.31 while its Price-to-Book (P/B) ratio in mrq is 19.66.
Stock Price History:
Over the past 52 weeks, RGTI has reached a high of $21.42, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is 45.71%, while the 200-Day Moving Average is calculated to be 115.14%.
Shares Statistics:
A total of 286.97M shares are outstanding, with a floating share count of 273.37M. Insiders hold about 5.84% of the company’s shares, while institutions hold 31.21% stake in the company.
