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Rush Street Interactive Inc (NYSE: RSI) closed the day trading at $8.75 up 0.34% from the previous closing price of $8.72. In other words, the price has increased by $0.34 from its previous closing price. On the day, 1.68 million shares were traded. RSI stock price reached its highest trading level at $8.82 during the session, while it also had its lowest trading level at $8.61.
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 3.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.49. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.02 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 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 Apr 19 ’24 when SCHWARTZ RICHARD TODD sold 23,737 shares for $6.11 per share. The transaction valued at 145,138 led to the insider holds 2,062,997 shares of the business.
Sauers Kyle sold 15,983 shares of RSI for $97,726 on Apr 19 ’24. The Chief Financial Officer now owns 550,174 shares after completing the transaction at $6.11 per share. On Apr 19 ’24, another insider, STETZ MATTIAS, who serves as the Chief Operating Officer of the company, sold 5,001 shares for $6.11 each. As a result, the insider received 30,578 and left with 606,730 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 1969301376. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 11.44.
Stock Price History:
Over the past 52 weeks, RSI has reached a high of $9.07, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is 18.23%, while the 200-Day Moving Average is calculated to be 63.20%.
Shares Statistics:
Over the past 3-months, RSI traded about 1.75M shares per day on average, while over the past 10 days, RSI traded about 2378470 shares per day. A total of 79.68M shares are outstanding, with a floating share count of 72.40M. Insiders hold about 9.14% of the company’s shares, while institutions hold 71.60% stake in the company. Shares short for RSI as of 1715731200 were 1743945 with a Short Ratio of 0.99, compared to 1713139200 on 2093379. Therefore, it implies a Short% of Shares Outstanding of 1743945 and a Short% of Float of 2.31.
