Rubrik Inc. (NYSE: RBRK)’s stock price has increased by 15.62 compared to its previous closing price of 32.00. Seeking Alpha reported 2024-04-25 that Rubrik, a cloud data management and data security company, had a successful IPO, with the stock trading 15% higher at the close. The company’s revenue growth has been modest, but subscription ARR has jumped 47% year-over-year. Including proceeds raised in the IPO, the company has around $800 million in net cash on its balance sheet.
RBRK’s Market Performance
RBRK 50-Day Moving Average
After a stumble in the market that brought RBRK to its low price for the period of the last 52 weeks, the company was N/A to rebound, for now settling with N/A of N/A for the given period.
During the last 5 trading sessions, RBRK fell by -4.15%, in comparison to the 20-day moving average. In addition, Rubrik Inc. saw 0.00% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RBRK
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
In conclusion, Rubrik Inc. (RBRK) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”..
