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.
After finishing at $1.63 in the prior trading day, RAPT Therapeutics Inc (NASDAQ: RAPT) closed at $1.67, up 2.45%. In other words, the price has increased by $2.45 from its previous closing price. On the day, 1.13 million shares were traded. RAPT stock price reached its highest trading level at $1.779 during the session, while it also had its lowest trading level at $1.6.
Ratios:
Our goal is to gain a better understanding of RAPT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.90 and its Current Ratio is at 9.90. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
On November 13, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $7 to $2.
Piper Sandler Downgraded its Overweight to Neutral on November 11, 2024, whereas the target price for the stock was revised from $8 to $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RAPT now has a Market Capitalization of 58380360 and an Enterprise Value of -34404716.
Stock Price History:
Over the past 52 weeks, RAPT has reached a high of $27.35, while it has fallen to a 52-week low of $0.79. The 50-Day Moving Average of the stock is 10.94%, while the 200-Day Moving Average is calculated to be -51.63%.
Shares Statistics:
The stock has traded on average 3.17M shares per day over the past 3-months and 16870540 shares per day over the last 10 days, according to various share statistics. A total of 34.90M shares are outstanding, with a floating share count of 19.27M. Insiders hold about 9.11% of the company’s shares, while institutions hold 92.27% stake in the company. Shares short for RAPT as of 1734048000 were 1716984 with a Short Ratio of 0.54, compared to 1731628800 on 1660490. Therefore, it implies a Short% of Shares Outstanding of 1716984 and a Short% of Float of 6.6000000000000005.
