Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Rithm Acquisition Corp (NYSE: RAC) closed at $10.3 up 0.15% from its previous closing price of $10.28. In other words, the price has increased by $0.15 from its previous closing price. On the day, 0.64 million shares were traded. RAC stock price reached its highest trading level at $10.3 during the session, while it also had its lowest trading level at $10.28.
Ratios:
For a deeper understanding of Rithm Acquisition Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.80 and its Current Ratio is at 5.80. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RAC now has a Market Capitalization of 302775968.
Stock Price History:
Over the past 52 weeks, RAC has reached a high of $10.30, while it has fallen to a 52-week low of $9.87. The 50-Day Moving Average of the stock is 0.73%, while the 200-Day Moving Average is calculated to be 1.53%.
Shares Statistics:
For the past three months, RAC has traded an average of 77.65K shares per day and 92180 over the past ten days. A total of 23.66M shares are outstanding, with a floating share count of 23.06M. Insiders hold about 21.59% of the company’s shares, while institutions hold 66.39% stake in the company.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
