Rigetti Computing Inc (NASDAQ:RGTI) currently has a daily average trading volume of 48.92M but it saw 163906565 shares traded in last market. With a market cap of 4.02B USD, the company’s current market price of $13.86 came rising about 26.46 while comparing to the previous closing price of $10.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.42 and as low as $0.66.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Craig Hallum which initiated the stock as “Buy” in its note to investors issued on December 20, 2024, recommending a price target of $12 for it. Alliance Global Partners also issued its recommendations for the stock as it initiated the price target for the stock is $3.50.
Over the week, RGTI’s stock price is moving 20.10% up while it is 52.14% when we observe its performance for the past one month. Year-to-date it is -9.17% down and over the past year, the stock is showing an upside performance of 1126.55%.
Currently, Rigetti Computing Inc’s total number of outstanding shares is 286.97M with 2.17% of that held by the insiders while 30.93% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -64.49% and return on equity (ROE) at -85.28%. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 19.20 while price to sale or P/S ratio amounts to 436.90. Its return on asset (ROA) is -63.81% on average.
