Rush Street Interactive Inc (NYSE:RSI) does about 1.33M shares in volume on a normal day but saw 4313392 shares change hands in Friday trading. The company now has a market cap of 601.60M USD. Its current market price is $7.86, marking an increase of 4.11% compared to the previous close of $7.55. The 52 week high reached by this stock is $8.38 whilst the lowest price level in 52 weeks is $2.85.
Rush Street Interactive Inc (RSI) has a 20-day trading average at $6.54 and the current price is -6.21% off the 52-week high compared with 175.79% distance from its 52-week low. The 50-day simple moving average of the closing price is $6.26 and its 200-day simple moving average is $4.89. If we look at the stock’s price movements over the week, volatility stands at 7.98%, which decreases to 5.22% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 75.69 to suggest the stock is overbought.
The consensus objective for the share price is $9.38, suggesting that the stock has a potential upside of 16.2% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 19, 2024 when Craig Hallum upgraded the stock to “Buy” and issued a price target of between $7 and $8. Susquehanna downgraded its price target at $5-$6.
Rush Street Interactive Inc (RSI) stock is up 29.70% over the week and 15.08% over the past month. Its price is 75.06% year-to-date and 147.95% over the past year.
To reach the target analysts have set, the stock logically needs to grow 16.2 percent from here.
The company has a return on investment of -19.16% and return on equity of -20.73%. The forward price to earnings ratio is 22.59. The beta has a value of 1.56. Price to book ratio is 10.28 and price to sales ratio is 0.81.
