The closing price of Rush Street Interactive Inc (NYSE: RSI) was $5.39 for the day, up 2.08% from the previous closing price of $5.28. In other words, the price has increased by $+0.11 from its previous closing price. On the day, 1262357 shares were traded.
Ratios:
Our analysis of RSI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.03 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 the company, Susquehanna on March 04, 2024, Downgraded its rating to Neutral and sets its target price to $6 from $5 previously.
On April 06, 2023, Susquehanna Upgraded its rating to Positive which previously was Neutral and also lowered its target price recommendation from $7 to $4.25.
On July 20, 2022, Susquehanna started tracking the stock assigning a Neutral rating and target price of $6.Susquehanna initiated its Neutral rating on July 20, 2022, with a $6 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 24 ’23 when Sauers Kyle sold 15,410 shares for $3.82 per share. The transaction valued at 58,903 led to the insider holds 434,556 shares of the business.
SCHWARTZ RICHARD TODD sold 57,992 shares of RSI for $264,264 on Sep 28 ’23. The Chief Executive Officer now owns 1,990,666 shares after completing the transaction at $4.56 per share. On Sep 28 ’23, another insider, Sauers Kyle, who serves as the Chief Financial Officer of the company, sold 23,199 shares for $4.56 each. As a result, the insider received 105,716 and left with 449,966 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, RSI now has a Market Capitalization of 386.01M and an Enterprise Value of 216.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 7.41. Its current Enterprise Value per Revenue stands at 0.33 whereas that against EBITDA is -4.32.
Stock Price History:
Over the past 52 weeks, RSI has reached a high of $6.01, while it has fallen to a 52-week low of $2.77. The 50-Day Moving Average of the stock is 5.04, while the 200-Day Moving Average is calculated to be 4.22.
Shares Statistics:
RSI traded an average of 849.95K shares per day over the past three months and 655.19k shares per day over the past ten days. A total of 65.11M shares are outstanding, with a floating share count of 65.10M. Insiders hold about 9.10% of the company’s shares, while institutions hold 77.11% stake in the company. Shares short for RSI as of Feb 15, 2024 were 2.66M with a Short Ratio of 3.13, compared to 2.11M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.71% and a Short% of Float of 3.85%.
