Rapid7 Inc (RPD) Stock: A Study of the Market Performance

The stock of Rapid7 Inc (RPD) has seen a 2.06% increase in the past week, with a 10.89% gain in the past month, and a 22.14% flourish in the past quarter. The volatility ratio for the week is 2.00%, and the volatility levels for the past 30 days are at 3.26% for RPD. The simple moving average for the past 20 days is 5.96% for RPD’s stock, with a 6.04% simple moving average for the past 200 days.

Is It Worth Investing in Rapid7 Inc (NASDAQ: RPD) Right Now?

Rapid7 Inc (NASDAQ: RPD) has a higher price-to-earnings ratio of 69.60x compared to its average ratio. RPD has 36-month beta value of 0.95. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 16 as “hold,” and 0 as “sell.”

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The public float for RPD is 60.83M, and currently, short sellers hold a 5.47% ratio of that float. The average trading volume of RPD on December 04, 2024 was 712.20K shares.

RPD) stock’s latest price update

Rapid7 Inc (NASDAQ: RPD) has seen a rise in its stock price by 3.83 in relation to its previous close of 42.56. However, the company has experienced a 2.06% gain in its stock price over the last five trading sessions. accesswire.com reported 2024-12-03 that LOS ANGELES, CA / ACCESSWIRE / December 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Rapid7, Inc. (“Rapid7” or “the Company”) (NASDAQ:RPD) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Rapid7 board breached its fiduciary duties to shareholders.

Analysts’ Opinion of RPD

Many brokerage firms have already submitted their reports for RPD stocks, with Jefferies repeating the rating for RPD by listing it as a “Buy.” The predicted price for RPD in the upcoming period, according to Jefferies is $50 based on the research report published on October 16, 2024 of the current year 2024.

Canaccord Genuity gave a rating of “Buy” to RPD, setting the target price at $43 in the report published on August 07th of the current year.

RPD Trading at 9.63% from the 50-Day Moving Average

After a stumble in the market that brought RPD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.58% of loss for the given period.

Volatility was left at 3.26%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares surge +10.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.62% upper at present.

During the last 5 trading sessions, RPD rose by +1.87%, which changed the moving average for the period of 200-days by -25.12% in comparison to the 20-day moving average, which settled at $41.70. In addition, Rapid7 Inc saw -22.61% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at RPD starting from Sondhi Reeny, who sale 3,663 shares at the price of $40.75 back on Nov 15 ’24. After this action, Sondhi Reeny now owns 13,797 shares of Rapid7 Inc, valued at $149,267 using the latest closing price.

REENY SONDHI, the Director of Rapid7 Inc, proposed sale 3,663 shares at $40.71 during a trade that took place back on Nov 15 ’24, which means that REENY SONDHI is holding shares at $149,121 based on the most recent closing price.

Stock Fundamentals for RPD

Current profitability levels for the company are sitting at:

  • 0.05 for the present operating margin
  • 0.7 for the gross margin

The net margin for Rapid7 Inc stands at 0.06. The total capital return value is set at 0.04.

Based on Rapid7 Inc (RPD), the company’s capital structure generated 1.01 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at -148.03. The interest coverage ratio of the stock is 3.9.

Currently, EBITDA for the company is -39.14 million with net debt to EBITDA at 8.18. When we switch over and look at the enterprise to sales, we see a ratio of 4.32. The receivables turnover for the company is 5.87for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.

Conclusion

To put it simply, Rapid7 Inc (RPD) has had a mixed performance in recent times. Analysts have a bullish 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.

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