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After finishing at $52.16 in the prior trading day, RxSight Inc (NASDAQ: RXST) closed at $50.63, down -2.93%. In other words, the price has decreased by -$2.93 from its previous closing price. On the day, 0.56 million shares were traded. RXST stock price reached its highest trading level at $52.7045 during the session, while it also had its lowest trading level at $50.4.
Ratios:
Our goal is to gain a better understanding of RXST by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.34 and its Current Ratio is at 14.33. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 August 06, 2024, Reiterated its Buy rating but revised its target price to $54 from $75 previously.
On May 07, 2024, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $61 to $72.
Wells Fargo Upgraded its Equal Weight to Overweight on December 13, 2023, whereas the target price for the stock was revised from $31 to $42.
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 Aug 05 ’24 when ILYA GOLDSHLEGER bought 9,000 shares for $39.25 per share.
Goldshleger Ilya sold 9,000 shares of RXST for $353,291 on Aug 05 ’24. The insider now owns 42,246 shares after completing the transaction at $39.25 per share. On Jul 01 ’24, another insider, Thunen Shelley B, who serves as the Chief Financial Officer of the company, sold 10,000 shares for $58.61 each. As a result, the insider received 586,055 and left with 13,938 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, RXST now has a Market Capitalization of 2009140224 and an Enterprise Value of 1787266304. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.44 while its Price-to-Book (P/B) ratio in mrq is 7.29. Its current Enterprise Value per Revenue stands at 15.518 whereas that against EBITDA is -46.656.
Stock Price History:
Over the past 52 weeks, RXST has reached a high of $66.54, while it has fallen to a 52-week low of $20.66. The 50-Day Moving Average of the stock is -3.50%, while the 200-Day Moving Average is calculated to be 6.81%.
Shares Statistics:
The stock has traded on average 555.72K shares per day over the past 3-months and 829810 shares per day over the last 10 days, according to various share statistics. A total of 39.68M shares are outstanding, with a floating share count of 37.63M. Insiders hold about 5.17% of the company’s shares, while institutions hold 78.12% stake in the company. Shares short for RXST as of 1722384000 were 2588354 with a Short Ratio of 4.66, compared to 1719532800 on 1846713. Therefore, it implies a Short% of Shares Outstanding of 2588354 and a Short% of Float of 6.84.
