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, RAPT Therapeutics Inc (NASDAQ: RAPT) closed at $0.79 down -1.32% from its previous closing price of $0.80. In other words, the price has decreased by -$1.32 from its previous closing price. On the day, 0.78 million shares were traded. RAPT stock price reached its highest trading level at $0.8594 during the session, while it also had its lowest trading level at $0.7535.
Ratios:
For a deeper understanding of RAPT Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.87 and its Current Ratio is at 4.87. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On November 13, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $7 to $2.
Piper Sandler Downgraded its Overweight to Neutral on November 11, 2024, whereas the target price for the stock was revised from $8 to $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RAPT now has a Market Capitalization of 104351528 and an Enterprise Value of -122211600.
Stock Price History:
The Beta on a monthly basis for RAPT is 0.11, which has changed by -0.8993639 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, RAPT has reached a high of $8.58, while it has fallen to a 52-week low of $0.79. The 50-Day Moving Average of the stock is -30.48%, while the 200-Day Moving Average is calculated to be -54.40%.
Shares Statistics:
For the past three months, RAPT has traded an average of 773.17K shares per day and 803160 over the past ten days. A total of 132.01M shares are outstanding, with a floating share count of 68.90M. Insiders hold about 47.81% of the company’s shares, while institutions hold 45.18% stake in the company. Shares short for RAPT as of 1743379200 were 4936472 with a Short Ratio of 6.38, compared to 1740700800 on 2633039. Therefore, it implies a Short% of Shares Outstanding of 4936472 and a Short% of Float of 4.01.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
