Rush Street Interactive Inc. (NYSE:RSI) saw a downside of -2.78% to close Monday at $20.32 after subtracting -$0.58 on the day. The 5-day average trading volume is 1,695,520 shares of the company’s common stock. It has gained $21.20 in the past week. An average of 2,544,435 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,987,520.
RSI’s 1-month performance is 26.53% or $4.26 on its low of $15.12 reached on 09/15/21. The company’s shares have touched a 52-week low of $9.47 and high of $26.55, with the stock’s rally to the 52-week high happening on 01/20/21. YTD, RSI has lost -6.14% or -$1.33. However, the current price is down -23.47%% from the 52-week high price.
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On May 27, 138 days have gone by since the last insider trading activity for Rush Street Interactive Inc. (RSI). de Masi Niccolo (Director) most recently sold 430,904 shares at $12.04 per share on May 27. This transaction cost the insider $5,186,662. Director, You Harry L., sold 430,904 shares at a price of $12.04 on May 27. Then, on May 26, Director de Masi Niccolo sold 232,500 shares at a price of $12.50 per share. This transaction amounted to $2,906,296.
Rush Street Interactive Inc. (RSI) has a trailing price-to-earnings (P/E) ratio of 21.70 for the broader industry and 30.68 for the sector.RSI stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 10.68 while the price-to-book (PB) in the most recent quarter is 12.54.
Rush Street Interactive Inc.’s quick ratio for the period ended June 29 was 7.20, with the current ratio over the same period at 7.20 meaning that RSI stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.00, while the total debt to equity was 0.00. The firm’s gross profit as reported stood at $87.63 million against revenue of $278.5 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected RSI to announce -$0.12 per share in earnings in its latest quarter, but it posted -$0.06, representing a 50.00% surprise. EBITDA for the quarter stood at more than -$11.27 million. RSI stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 59.83 million, with total debt at $1.52 million. Shareholders hold equity totaling $219.18 million
Let’s look briefly at Rush Street Interactive Inc. (RSI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 63.83% to suggest the stock is trending Neutral, with historical volatility in this time period at 51.38%.
The stock’s 5-day moving average is $20.42, reflecting a +8.55% or $1.60 change from its current price. RSI is currently trading +25.05% above its 20-day SMA, +67.38% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +106.29% and -10.99% respectively.
Stochastic %K and %D was 82.06% and 84.30% and the average true range (ATR) pointed at 1.05. The RSI (14) points at 65.76%, while the 14-day stochastic is at 68.79% with the period’s ATR at 1.05. The stock’s 9-day MACD Oscillator is pointing at 0.88 and 0.97 on the 14-day charts.
In the most recent analyst report for Rush Street Interactive Inc. (NYSE: RSI), Wells Fargo launched coverage with an Equal weight rating. Analysts offering their rating for RSI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate RSI as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 6 have offered a “buy” rating.
What is RSI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $15.00 and a high of $25.00, with their median price target at $20.50. Looking at these predictions, the average price target given by analysts is for Rush Street Interactive Inc. (RSI) stock is $20.50.