Company’s 36-month beta value is 1.56.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RSI is 69.54M, and currently, short sellers hold a 3.01% ratio of that floaft. The average trading volume of RSI on May 06, 2024 was 1.33M shares.
RSI) stock’s latest price update
Rush Street Interactive Inc (NYSE: RSI)’s stock price has plunge by 4.11relation to previous closing price of 7.55. Nevertheless, the company has seen a 29.70% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-03 that Rush Street Interactive (RSI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company’s fundamentals for clues.
RSI’s Market Performance
RSI’s stock has risen by 29.70% in the past week, with a monthly rise of 15.08% and a quarterly rise of 43.96%. The volatility ratio for the week is 7.98% while the volatility levels for the last 30 days are 5.22% for Rush Street Interactive Inc The simple moving average for the past 20 days is 21.03% for RSI’s stock, with a 61.34% simple moving average for the past 200 days.
Analysts’ Opinion of RSI
Many brokerage firms have already submitted their reports for RSI stocks, with Craig Hallum repeating the rating for RSI by listing it as a “Buy.” The predicted price for RSI in the upcoming period, according to Craig Hallum is $8 based on the research report published on April 19, 2024 of the current year 2024.
Susquehanna gave a rating of “Neutral” to RSI, setting the target price at $6 in the report published on March 04th of the current year.
RSI Trading at 26.53% from the 50-Day Moving Average
After a stumble in the market that brought RSI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.21% of loss for the given period.
Volatility was left at 5.22%, however, over the last 30 days, the volatility rate increased by 7.98%, as shares surge +11.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.91% upper at present.
During the last 5 trading sessions, RSI rose by +29.70%, which changed the moving average for the period of 200-days by +120.79% in comparison to the 20-day moving average, which settled at $6.54. In addition, Rush Street Interactive Inc saw 75.06% 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 RSI starting from SCHWARTZ RICHARD TODD, who sale 23,737 shares at the price of $6.11 back on Apr 19 ’24. After this action, SCHWARTZ RICHARD TODD now owns 2,062,997 shares of Rush Street Interactive Inc, valued at $145,138 using the latest closing price.
Sauers Kyle, the Chief Financial Officer of Rush Street Interactive Inc, sale 15,983 shares at $6.11 during a trade that took place back on Apr 19 ’24, which means that Sauers Kyle is holding 550,174 shares at $97,726 based on the most recent closing price.
Stock Fundamentals for RSI
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.31 for the gross margin
The net margin for Rush Street Interactive Inc stands at -0.02. The total capital return value is set at -0.15. Equity return is now at value -20.73, with -3.56 for asset returns.
Based on Rush Street Interactive Inc (RSI), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 40.74. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -11.57.
Currently, EBITDA for the company is -21.85 million with net debt to EBITDA at -55.08. When we switch over and look at the enterprise to sales, we see a ratio of 2.08. The receivables turnover for the company is 21.9for trailing twelve months and the total asset turnover is 2.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.
Conclusion
In a nutshell, Rush Street Interactive Inc (RSI) 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.
