Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Rush Street Interactive Inc (NYSE: RSI) closed the day trading at $14.25 up 1.42% from the previous closing price of $14.05. In other words, the price has increased by $1.42 from its previous closing price. On the day, 1.99 million shares were traded. RSI stock price reached its highest trading level at $14.86 during the session, while it also had its lowest trading level at $13.88.
Ratios:
For a better understanding of RSI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.20.
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 May 17, 2024, Reiterated its Buy rating but revised its target price to $10 from $9 previously.
On April 19, 2024, Craig Hallum Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $7 to $8.
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 Jan 14 ’25 when SCHWARTZ RICHARD TODD sold 6,739 shares for $14.47 per share. The transaction valued at 97,514 led to the insider holds 2,385,848 shares of the business.
SCHWARTZ RICHARD TODD sold 4,419 shares of RSI for $60,779 on Jan 13 ’25. The Chief Executive Officer now owns 2,392,587 shares after completing the transaction at $13.75 per share. On Jan 14 ’25, another insider, WIERBICKI PAUL, who serves as the Chief Legal Officer of the company, sold 7,500 shares for $15.00 each. As a result, the insider received 112,500 and left with 139,387 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 3216167936. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.72 while its Price-to-Book (P/B) ratio in mrq is 17.07.
Stock Price History:
The Beta on a monthly basis for RSI is 1.75, which has changed by 1.696737 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, RSI has reached a high of $15.98, while it has fallen to a 52-week low of $5.11. The 50-Day Moving Average of the stock is 3.63%, while the 200-Day Moving Average is calculated to be 36.30%.
Shares Statistics:
Over the past 3-months, RSI traded about 2.03M shares per day on average, while over the past 10 days, RSI traded about 1560360 shares per day. A total of 83.58M shares are outstanding, with a floating share count of 81.08M. Insiders hold about 8.49% of the company’s shares, while institutions hold 74.39% stake in the company. Shares short for RSI as of 1736899200 were 6942574 with a Short Ratio of 3.42, compared to 1734048000 on 5875979. Therefore, it implies a Short% of Shares Outstanding of 6942574 and a Short% of Float of 8.229999000000001.
