The stock of Rush Street Interactive Inc (RSI) has seen a 8.30% increase in the past week, with a 4.32% gain in the past month, and a 41.19% flourish in the past quarter. The volatility ratio for the week is 5.44%, and the volatility levels for the past 30 days are at 4.80% for RSI. The simple moving average for the last 20 days is 7.51% for RSI stock, with a simple moving average of 48.17% for the last 200 days.
Is It Worth Investing in Rush Street Interactive Inc (NYSE: RSI) Right Now?
Company’s 36-month beta value is 1.75.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for RSI is 82.30M, and currently, short sellers hold a 7.14% ratio of that floaft. The average trading volume of RSI on January 08, 2025 was 1.95M shares.
RSI) stock’s latest price update
The stock of Rush Street Interactive Inc (NYSE: RSI) has increased by 3.80 when compared to last closing price of 14.20. Despite this, the company has experienced a 8.30% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-07 that CHICAGO, Jan. 07, 2025 (GLOBE NEWSWIRE) — Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced that management will present at the 2025 ICR Conference on Monday, January 13 at 4:00 p.m. Eastern Time. RSI will also present at the 27th Annual Needham Growth Conference on Thursday, January 16 at 9:30 a.m. Eastern Time.
Analysts’ Opinion of RSI
Many brokerage firms have already submitted their reports for RSI stocks, with Needham repeating the rating for RSI by listing it as a “Buy.” The predicted price for RSI in the upcoming period, according to Needham is $10 based on the research report published on May 17, 2024 of the previous year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see RSI reach a price target of $8, previously predicting the price at $7. The rating they have provided for RSI stocks is “Buy” according to the report published on April 19th, 2024.
RSI Trading at 15.22% 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 -1.21% of loss for the given period.
Volatility was left at 4.80%, however, over the last 30 days, the volatility rate increased by 5.44%, as shares surge +7.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.32% upper at present.
During the last 5 trading sessions, RSI rose by +8.30%, which changed the moving average for the period of 200-days by +130.67% in comparison to the 20-day moving average, which settled at $13.71. In addition, Rush Street Interactive Inc saw 7.43% 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 ROOSILEHT EINAR, who sale 48,968 shares at the price of $14.04 back on Jan 02 ’25. After this action, ROOSILEHT EINAR now owns 830,292 shares of Rush Street Interactive Inc, valued at $687,726 using the latest closing price.
ROOSILEHT EINAR, the Chief Information Officer of Rush Street Interactive Inc, sale 21,032 shares at $13.99 during a trade that took place back on Jan 03 ’25, which means that ROOSILEHT EINAR is holding 809,260 shares at $294,326 based on the most recent closing price.
Stock Fundamentals for RSI
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.31 for the gross margin
The net margin for Rush Street Interactive Inc stands at -0.0. The total capital return value is set at 0.05. Equity return is now at value -2.25, with -0.40 for asset returns.
Currently, EBITDA for the company is -21.85 million with net debt to EBITDA at -5.04. When we switch over and look at the enterprise to sales, we see a ratio of 3.61. The receivables turnover for the company is 29.88for trailing twelve months and the total asset turnover is 2.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
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.
