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As of close of business last night, RxSight Inc’s stock clocked out at $44.50, down -1.77% from its previous closing price of $45.30. In other words, the price has decreased by -$1.77 from its previous closing price. On the day, 0.7 million shares were traded. RXST stock price reached its highest trading level at $46.39 during the session, while it also had its lowest trading level at $43.64.
Ratios:
To gain a deeper understanding of RXST’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.18 and its Current Ratio is at 9.20. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, BTIG Research on May 07, 2024, Reiterated its Buy rating but revised its target price to $72 from $61 previously.
On December 13, 2023, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $31 to $42.
On December 12, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $40.Stifel initiated its Buy rating on December 12, 2023, with a $40 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 Jul 01 ’24 when Thunen Shelley B sold 10,000 shares for $58.61 per share. The transaction valued at 586,055 led to the insider holds 13,938 shares of the business.
Thunen Shelley B sold 8,402 shares of RXST for $493,760 on Jul 01 ’24. The Chief Financial Officer now owns 0 shares after completing the transaction at $58.77 per share. On Jun 14 ’24, another insider, Andrews Julie, who serves as the Director of the company, sold 15,625 shares for $58.00 each. As a result, the insider received 906,288 and left with 30,287 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 1746620544 and an Enterprise Value of 1532405120. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.16 while its Price-to-Book (P/B) ratio in mrq is 10.09. Its current Enterprise Value per Revenue stands at 15.157 whereas that against EBITDA is -35.293.
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 -20.73%, while the 200-Day Moving Average is calculated to be -3.55%.
Shares Statistics:
It appears that RXST traded 521.28K shares on average per day over the past three months and 643810 shares per day over the past ten days. A total of 38.98M shares are outstanding, with a floating share count of 36.96M. Insiders hold about 5.19% of the company’s shares, while institutions hold 79.97% stake in the company. Shares short for RXST as of 1721001600 were 1990102 with a Short Ratio of 3.82, compared to 1718323200 on 1512808. Therefore, it implies a Short% of Shares Outstanding of 1990102 and a Short% of Float of 5.3200003.
