The price-to-earnings ratio for Rambus Inc. (NASDAQ: RMBS) is above average at 115.35x, while the 36-month beta value is 1.28.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Rambus Inc. (RMBS) is $60.83, which is -$0.91 below the current market price. The public float for RMBS is 105.79M, and currently, short sellers hold a 3.64% ratio of that floaft. The average trading volume of RMBS on May 25, 2023 was 1.23M shares.
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RMBS) stock’s latest price update
Rambus Inc. (NASDAQ: RMBS)’s stock price has increased by 7.68 compared to its previous closing price of 57.33. However, the company has seen a 5.15% increase in its stock price over the last five trading sessions.
RMBS’s Market Performance
Rambus Inc. (RMBS) has seen a 5.15% rise in stock performance for the week, with a 34.35% gain in the past month and a 41.40% surge in the past quarter. The volatility ratio for the week is 3.96%, and the volatility levels for the past 30 days are at 4.10% for RMBS. The simple moving average for the last 20 days is 21.24% for RMBS stock, with a simple moving average of 61.70% for the last 200 days.
RMBS Trading at 26.15% from the 50-Day Moving Average
After a stumble in the market that brought RMBS to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.98% of gains for the given period.
Volatility was left at 4.10%, however, over the last 30 days, the volatility rate increased by 3.96%, as shares surge +36.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +46.12% upper at present.
During the last 5 trading sessions, RMBS rose by +4.68%, which changed the moving average for the period of 200-days by +140.64% in comparison to the 20-day moving average, which settled at $51.75. In addition, Rambus Inc. saw 72.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RMBS starting from Seraphin Luc, who sale 4,556 shares at the price of $49.39 back on May 15. After this action, Seraphin Luc now owns 255,332 shares of Rambus Inc., valued at $225,017 using the latest closing price.
Seraphin Luc, the President and CEO of Rambus Inc., sale 12,500 shares at $47.98 during a trade that took place back on May 08, which means that Seraphin Luc is holding 255,414 shares at $599,752 based on the most recent closing price.
Stock Fundamentals for RMBS
Current profitability levels for the company are sitting at:
- +17.60 for the present operating margin
- +69.05 for the gross margin
The net margin for Rambus Inc. stands at -3.15. The total capital return value is set at 8.49, while invested capital returns managed to touch -1.68. Equity return is now at value 7.10, with 5.40 for asset returns.
Based on Rambus Inc. (RMBS), the company’s capital structure generated 5.71 points at debt to equity in total, while total debt to capital is 5.40. Total debt to assets is 4.39, with long-term debt to equity ratio resting at 3.73. Finally, the long-term debt to capital ratio is 3.53.
When we switch over and look at the enterprise to sales, we see a ratio of 12.85, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 2.52 and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.16.
Conclusion
In a nutshell, Rambus Inc. (RMBS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
