Rigetti Computing Inc (NASDAQ:RGTI) concluded the trading at $1.31 on Thursday, May 02, without any change from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $1.31 and 5Y monthly beta was reading 2.43. Considering stock’s 52-week price range provides that RGTI hit a high price of $3.43 and saw its price falling to a low level of $0.36 during that period. Over a period of past 1-month, stock came subtracting -6.43% in its value.
In contrast, when we review RGTI stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 50% Sell for it.
Digging deeper we become aware of the PEG ratio of the RGTI stock which is currently positioned at 0. It further provides that stock’s current price level is 6.03% away from its 20-day simple moving average and is -15.23% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 49.23 while volatility remained at 9.17% over the past week which changes to 9.91% when measuring it over the past month. Beta is valued at 2.45, while measure of average true range or ATR is currently at 0.13.
Having a second look at Rigetti Computing Inc (NASDAQ:RGTI) provides that stock’s average daily trading volume for 3 months was 7.34 million. Number of outstanding shares of the stock stood at 147.07 million.
The percentage of outstanding shares held by the insiders is 30.31% while it is 17.92% for the institutional holders. Addition of 33.01% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
