Rubrik Inc. (NYSE:RBRK) currently has a daily average trading volume of 1.02M but it saw 1155693 shares traded in last market. With a market cap of 6.70B USD, the company’s current market price of $37.20 came rising about 1.61 while comparing to the previous closing price of $36.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $40.00 and as low as $28.34.
Taking a look at 20-day trading activity of Rubrik Inc. (RBRK) gives us an average price of $34.09, while its current price level is -7.00% below from 52-week high level whereas it is 31.26% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $32.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.97% during that period while stretching the period over a month that decreases to 4.50%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.14 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Robert W. Baird which initiated the stock as “Outperform” in its note to investors issued on July 15, 2024, recommending a price target of $42 for it. BMO Capital Markets upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on June 06, 2024 while assigning a price target of $40. Cantor Fitzgerald also issued its recommendations for the stock as it initiated the price target for the stock is $50.
Over the week, RBRK’s stock price is moving 6.29% up while it is 24.00% when we observe its performance for the past one month. Year-to-date it is 0.54% up and over the past year.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -1.58 beat the consensus estimate of -1.84 for the same. In next quarter, company is expected to be making quarterly sales of $215.38M as analysts are expecting the sales for current fiscal year at $818.33M and seeing the company making $1.05B in sales next year. Moreover, analysts are in estimates of $196.16M for current-quarter revenue.
Currently, Rubrik Inc.’s total number of outstanding shares is 180.06M. Stock has a price to sale or P/S ratio amounts to 9.86. Its return on asset (ROA) is -43.12% on average.
