Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Rackspace Technology Inc (NASDAQ: RXT) closed at $1.95 down -7.14% from its previous closing price of $2.10. In other words, the price has decreased by -$7.14 from its previous closing price. On the day, 1.68 million shares were traded. RXT stock price reached its highest trading level at $2.15 during the session, while it also had its lowest trading level at $1.94.
Ratios:
For a deeper understanding of Rackspace Technology Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.81.
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, UBS on November 07, 2023, initiated with a Neutral rating and assigned the stock a target price of $1.40.
On September 19, 2023, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $3.50.
Citigroup Downgraded its Neutral to Sell on July 25, 2023, whereas the target price for the stock was revised from $1.25 to $1.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 03 ’25 when TEAL-GUESS KELLIE sold 5,412 shares for $2.37 per share. The transaction valued at 12,826 led to the insider holds 883,816 shares of the business.
Koushik Srini sold 9,165 shares of RXT for $21,721 on Mar 03 ’25. The President, Technology now owns 1,009,086 shares after completing the transaction at $2.37 per share. On Mar 03 ’25, another insider, Maletira Amar, who serves as the Chief Executive Officer of the company, sold 38,355 shares for $2.37 each. As a result, the insider received 90,901 and left with 4,890,168 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, RXT now has a Market Capitalization of 446745024 and an Enterprise Value of 3623845120. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16. Its current Enterprise Value per Revenue stands at 1.324 whereas that against EBITDA is 19.944.
Stock Price History:
The Beta on a monthly basis for RXT is 2.04, which has changed by 0.20370376 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, RXT has reached a high of $3.41, while it has fallen to a 52-week low of $1.45. The 50-Day Moving Average of the stock is -21.98%, while the 200-Day Moving Average is calculated to be -20.93%.
Shares Statistics:
For the past three months, RXT has traded an average of 852.25K shares per day and 928340 over the past ten days. A total of 229.10M shares are outstanding, with a floating share count of 62.00M. Insiders hold about 72.76% of the company’s shares, while institutions hold 17.27% stake in the company. Shares short for RXT as of 1740700800 were 3027897 with a Short Ratio of 3.55, compared to 1738281600 on 4062032. Therefore, it implies a Short% of Shares Outstanding of 3027897 and a Short% of Float of 4.18.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
