. The simple moving average for the past 20 days is -6.67% for RBRK’s stock, with a -6.67% simple moving average for the past 200 days.
Is It Worth Investing in Rubrik Inc. (NYSE: RBRK) Right Now?
The average trading volume of RBRK on April 30, 2024 was 11.84M shares.
RBRK) stock’s latest price update
Rubrik Inc. (NYSE: RBRK)’s stock price has dropped by -7.89 in relation to previous closing price of 38.00. CNBC reported 2024-04-29 that Morgan Stanley, which led the Reddit and Astera Labs IPOs, expects 10 to 15 more tech offerings this year and a “better year” in 2025.
RBRK Trading at -6.67% from the 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 unable to rebound, for now settling with -12.50% of loss for the given period.
During the last 5 trading sessions, RBRK fell by -5.41%, in comparison to the 20-day moving average. In addition, Rubrik Inc. saw -5.41% 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 summary, Rubrik Inc. (RBRK) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
