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After finishing at $48.01 in the prior trading day, RxSight Inc (NASDAQ: RXST) closed at $46.33, down -3.50%. In other words, the price has decreased by -$3.50 from its previous closing price. On the day, 0.87 million shares were traded. RXST stock price reached its highest trading level at $48.57 during the session, while it also had its lowest trading level at $45.37.
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 11.71 and its Current Ratio is at 12.67. 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, Jefferies on October 29, 2024, initiated with a Buy rating and assigned the stock a target price of $72.
On August 20, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $54 to $66.
Needham reiterated its Buy rating for the stock on August 06, 2024, while the target price for the stock was revised from $75 to $54.
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 Nov 07 ’24 when Goldshleger Ilya sold 3,100 shares for $55.00 per share. The transaction valued at 170,495 led to the insider holds 42,246 shares of the business.
ILYA GOLDSHLEGER bought 3,100 shares of RXST for $170,494 on Nov 07 ’24. On Nov 04 ’24, another insider, Goldshleger Ilya, who serves as the insider of the company, sold 3,100 shares for $51.05 each. As a result, the insider received 158,247 and left with 42,246 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 1867307520 and an Enterprise Value of 1641489920. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.74 while its Price-to-Book (P/B) ratio in mrq is 6.73. Its current Enterprise Value per Revenue stands at 12.795 whereas that against EBITDA is -46.939.
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 $22.91. The 50-Day Moving Average of the stock is -9.16%, while the 200-Day Moving Average is calculated to be -12.39%.
Shares Statistics:
The stock has traded on average 461.24K shares per day over the past 3-months and 794730 shares per day over the last 10 days, according to various share statistics. A total of 40.30M shares are outstanding, with a floating share count of 38.25M. Insiders hold about 5.11% of the company’s shares, while institutions hold 83.17% stake in the company. Shares short for RXST as of 1728950400 were 2193075 with a Short Ratio of 4.75, compared to 1726185600 on 2298931. Therefore, it implies a Short% of Shares Outstanding of 2193075 and a Short% of Float of 5.8000002.
