In the past week, RPID stock has gone down by -5.88%, with a monthly decline of -8.72% and a quarterly plunge of -7.94%. The volatility ratio for the week is 5.71%, and the volatility levels for the last 30 days are 5.00% for Rapid Micro Biosystems Inc The simple moving average for the past 20 days is -6.17% for RPID’s stock, with a -10.23% simple moving average for the past 200 days.
Is It Worth Investing in Rapid Micro Biosystems Inc (NASDAQ: RPID) Right Now?
RPID has 36-month beta value of 1.18. Analysts have mixed views 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 RPID is 27.51M, and currently, short sellers hold a 0.22% ratio of that float. The average trading volume of RPID on May 06, 2024 was 40.74K shares.
RPID) stock’s latest price update
Rapid Micro Biosystems Inc (NASDAQ: RPID) has experienced a decline in its stock price by -10.10 compared to its previous closing price of 0.99. However, the company has seen a fall of -5.88% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-03 that Rapid Micro Biosystems, Inc. (RPID) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.32 per share a year ago.
RPID Trading at -8.18% from the 50-Day Moving Average
After a stumble in the market that brought RPID to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.21% of loss for the given period.
Volatility was left at 5.00%, however, over the last 30 days, the volatility rate increased by 5.71%, as shares sank -10.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.32% lower at present.
During the last 5 trading sessions, RPID fell by -5.88%, which changed the moving average for the period of 200-days by -9.18% in comparison to the 20-day moving average, which settled at $0.9430. In addition, Rapid Micro Biosystems Inc saw 20.27% 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 RPID starting from WIRTJES SEAN M, who purchase 10,000 shares at the price of $0.99 back on Sep 06 ’23. After this action, WIRTJES SEAN M now owns 285,651 shares of Rapid Micro Biosystems Inc, valued at $9,894 using the latest closing price.
Spignesi Robert G. Jr., the PRESIDENT AND CEO of Rapid Micro Biosystems Inc, purchase 20,000 shares at $0.97 during a trade that took place back on Aug 15 ’23, which means that Spignesi Robert G. Jr. is holding 375,512 shares at $19,488 based on the most recent closing price.
Stock Fundamentals for RPID
Current profitability levels for the company are sitting at:
- -2.42 for the present operating margin
- -0.23 for the gross margin
The net margin for Rapid Micro Biosystems Inc stands at -2.25. The total capital return value is set at -0.5. Equity return is now at value -40.17, with -34.49 for asset returns.
Based on Rapid Micro Biosystems Inc (RPID), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -6.21. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -56.42.
Currently, EBITDA for the company is -53.46 million with net debt to EBITDA at 0.29. When we switch over and look at the enterprise to sales, we see a ratio of 0.98. The receivables turnover for the company is 4.61for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.93.
Conclusion
To put it simply, Rapid Micro Biosystems Inc (RPID) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
