The stock of Rubicon Technologies Inc (RBT) has gone up by 16.82% for the week, with a -28.67% drop in the past month and a -66.59% drop in the past quarter. The volatility ratio for the week is 9.84%, and the volatility levels for the past 30 days are 15.00% for RBT. The simple moving average for the past 20 days is -0.90% for RBT’s stock, with a -84.59% simple moving average for the past 200 days.
Is It Worth Investing in Rubicon Technologies Inc (NYSE: RBT) Right Now?
The 36-month beta value for RBT is at 1.85. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RBT is 28.54M, and currently, shorts hold a 1.62% of that float. The average trading volume for RBT on April 24, 2024 was 387.48K shares.
RBT) stock’s latest price update
Rubicon Technologies Inc (NYSE: RBT)’s stock price has gone rise by 10.06 in comparison to its previous close of 0.33, however, the company has experienced a 16.82% increase in its stock price over the last five trading days. Seeking Alpha reported 2024-03-07 that Rubicon Technologies, Inc. (NYSE:RBT) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET
Analysts’ Opinion of RBT
Many brokerage firms have already submitted their reports for RBT stocks, with Cantor Fitzgerald repeating the rating for RBT by listing it as a “Overweight.” The predicted price for RBT in the upcoming period, according to Cantor Fitzgerald is $5 based on the research report published on September 30, 2022 of the previous year 2022.
Jefferies, on the other hand, stated in their research note that they expect to see RBT reach a price target of $10. The rating they have provided for RBT stocks is “Buy” according to the report published on September 19th, 2022.
Canaccord Genuity gave a rating of “Buy” to RBT, setting the target price at $10 in the report published on September 09th of the previous year.
RBT Trading at -40.00% from the 50-Day Moving Average
After a stumble in the market that brought RBT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.34% of loss for the given period.
Volatility was left at 15.00%, however, over the last 30 days, the volatility rate increased by 9.84%, as shares sank -13.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -68.04% lower at present.
During the last 5 trading sessions, RBT rose by +16.82%, which changed the moving average for the period of 200-days by -86.35% in comparison to the 20-day moving average, which settled at $0.3679. In addition, Rubicon Technologies Inc saw -80.14% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RBT starting from Palantir Technologies Inc., who sale 12,086 shares at the price of $0.34 back on Apr 19 ’24. After this action, Palantir Technologies Inc. now owns 5,273,917 shares of Rubicon Technologies Inc, valued at $4,143 using the latest closing price.
Palantir Technologies Inc., the 10% Owner of Rubicon Technologies Inc, sale 16,140 shares at $0.33 during a trade that took place back on Apr 18 ’24, which means that Palantir Technologies Inc. is holding 5,286,003 shares at $5,283 based on the most recent closing price.
Stock Fundamentals for RBT
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.07 for the gross margin
The net margin for Rubicon Technologies Inc stands at -0.09. The total capital return value is set at 1.45. Equity return is now at value -189.87, with -26.65 for asset returns.
Based on Rubicon Technologies Inc (RBT), the company’s capital structure generated -1.73 points at debt to capital in total, while cash flow to debt ratio is standing at -0.4. The debt to equity ratio resting at -0.63. The interest coverage ratio of the stock is -2.81.
Currently, EBITDA for the company is -44.37 million with net debt to EBITDA at -2.16. When we switch over and look at the enterprise to sales, we see a ratio of 0.24. The receivables turnover for the company is 4.86for trailing twelve months and the total asset turnover is 3.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
In conclusion, Rubicon Technologies Inc (RBT) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
