There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for RBRK is 55.14M, and at present, short sellers hold a 7.27% of that float. The average trading volume of RBRK on August 15, 2024 was 967.55K shares.
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RBRK) stock’s latest price update
Rubrik Inc. (NYSE: RBRK)’s stock price has plunge by 1.83relation to previous closing price of 31.71. Nevertheless, the company has seen a 2.54% surge in its stock price over the last five trading sessions. fool.com reported 2024-08-13 that Nanox relies on AI to better interpret patients’ scans. Reducing fraud for e-commerce companies is at the core of Riskified’s business.
RBRK’s Market Performance
RBRK’s stock has risen by 2.54% in the past week, with a monthly drop of -7.05% and a quarterly drop of -6.02%. The volatility ratio for the week is 4.05% while the volatility levels for the last 30 days are 5.11% for Rubrik Inc. The simple moving average for the last 20 days is -3.24% for RBRK stock, with a simple moving average of -2.02% for the last 200 days.
Analysts’ Opinion of RBRK
Many brokerage firms have already submitted their reports for RBRK stocks, with Robert W. Baird repeating the rating for RBRK by listing it as a “Outperform.” The predicted price for RBRK in the upcoming period, according to Robert W. Baird is $42 based on the research report published on July 15, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see RBRK reach a price target of $40. The rating they have provided for RBRK stocks is “Outperform” according to the report published on June 06th, 2024.
Cantor Fitzgerald gave a rating of “Overweight” to RBRK, setting the target price at $50 in the report published on May 31st of the current year.
RBRK Trading at -0.67% 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 -19.27% of loss for the given period.
Volatility was left at 5.11%, however, over the last 30 days, the volatility rate increased by 4.05%, as shares sank -5.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.59% upper at present.
During the last 5 trading sessions, RBRK rose by +2.13%, in comparison to the 20-day moving average, which settled at $33.28. In addition, Rubrik Inc. saw -12.73% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RBRK
Current profitability levels for the company are sitting at:
- -1.39 for the present operating margin
- 0.7 for the gross margin
The net margin for Rubrik Inc. stands at -1.47. The total capital return value is set at -2.21.
Based on Rubrik Inc. (RBRK), the company’s capital structure generated -1.49 points at debt to capital in total, while cash flow to debt ratio is standing at -0.06. The debt to equity ratio resting at -0.6. The interest coverage ratio of the stock is -56.36.
Currently, EBITDA for the company is -288.1 million with net debt to EBITDA at 0.21. When we switch over and look at the enterprise to sales, we see a ratio of 8.32. The receivables turnover for the company is 6.58for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
In summary, Rubrik Inc. (RBRK) has had a bad 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.
