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After finishing at $51.56 in the prior trading day, RxSight Inc (NASDAQ: RXST) closed at $48.89, down -5.18%. In other words, the price has decreased by -$5.18 from its previous closing price. On the day, 0.77 million shares were traded. RXST stock price reached its highest trading level at $51.88 during the session, while it also had its lowest trading level at $48.7.
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 13.34 and its Current Ratio is at 14.33. 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, Needham on August 20, 2024, Reiterated its Buy rating but revised its target price to $66 from $54 previously.
On August 06, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $75 to $54.
BTIG Research reiterated its Buy rating for the stock on May 07, 2024, while the target price for the stock was revised from $61 to $72.
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 Sep 20 ’24 when Goldshleger Ilya sold 3,100 shares for $53.19 per share. The transaction valued at 164,901 led to the insider holds 42,246 shares of the business.
Goldshleger Ilya sold 3,100 shares of RXST for $163,263 on Sep 23 ’24. The insider now owns 42,246 shares after completing the transaction at $52.67 per share. On Sep 23 ’24, another insider, ILYA GOLDSHLEGER, who serves as the Officer of the company, bought 3,100 shares for $52.67 each.
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 1940092032 and an Enterprise Value of 1718218240. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.84 while its Price-to-Book (P/B) ratio in mrq is 7.04. Its current Enterprise Value per Revenue stands at 14.918 whereas that against EBITDA is -44.854.
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 -3.91%, while the 200-Day Moving Average is calculated to be -4.88%.
Shares Statistics:
The stock has traded on average 577.29K shares per day over the past 3-months and 544140 shares per day over the last 10 days, according to various share statistics. A total of 39.68M shares are outstanding, with a floating share count of 37.66M. Insiders hold about 5.11% of the company’s shares, while institutions hold 83.25% stake in the company. Shares short for RXST as of 1724976000 were 2287459 with a Short Ratio of 3.96, compared to 1722384000 on 2588354. Therefore, it implies a Short% of Shares Outstanding of 2287459 and a Short% of Float of 6.0500003.
