Radius Global Infrastructure Inc. (RADI): Find Out What Insiders Are Doing

Radius Global Infrastructure Inc. (NASDAQ:RADI) finished Friday with an addition of $0.02 to close at $17.45, an upside of 0.11 percent. An average of 800,700 shares of common stock have been traded in the last five days. There was a gain of $0.60 in the past week, and it reached a new high 27 times over the past 12 months. The last 20 days have seen an average of 615,565 shares traded, while the 50-day average volume stands at 822,064.

RADI stock has increased by 0.11% in the last month. The company shares reached their 1-month lowest point of $15.95 on 09/28/21. With the stock rallying to its 52-week high on 09/01/21, shares of the company touched a low of $7.31 and a high of $18.25 in 52 weeks. It has reached a new high 19 times so far this year and achieved 35.80% or $4.60 in price. In spite of this, the price is down -4.38% from the 52-week high.


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Insider Transactions

8 days have passed since Radius Global Infrastructure Inc. (RADI) last reported insider trading activity. Goldstein Richard I, who is Chief Operating Officer, most recently acquired $15,000 shares at $16.94 per share on Oct 15. In this transaction, the insider spent $254,100. Chief Operating Officer, Goldstein Richard I, disposed of 15,000 shares at a price of $17.12 on Sep 15. The insider now owns more than $256,758 worth of shares. Prior to that, 10% Owner Loeb Daniel S went on to Sale 4,527 shares at $12.43 each on Mar 03. An amount of $56,264 was transacted.

Valuation Metrics

Radius Global Infrastructure Inc. (RADI) has a trailing price-to-earnings (P/E) ratio of 17.20 for the broader industry and 30.57 for the sector. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 15.47, the price-to-book (PB) ratio at 2.26.

The quick ratio of Radius Global Infrastructure Inc. for the three months ended June 29 was 1.60, and the current ratio was 1.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.83 and a total debt to equity ratio of 1.86 for the quarter ending June 29. Radius Global Infrastructure Inc.’s EBITDA margin for the year ending June 29 is -113.57%. Its gross profit as reported stood at $69.11 million compared to revenue of $69.76 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Radius Global Infrastructure Inc.’s return on assets was -12.60%. For the broader industry, ROE averaged 4.52 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Radius Global Infrastructure Inc. had $883.51 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$34.52 million in the quarter, while revenues of -$38.97 million were grew 100.0%. The analyst consensus anticipated Radius Global Infrastructure Inc.’s latest quarter earnings to come in at -$0.4 per share, but it turned out to be -$0.5, a -25.00% surprise. For the quarter, EBITDA amounted to $0.76 million. Shareholders own equity worth $75.69 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Radius Global Infrastructure Inc. (RADI) price momentum. RSI 9-day as of the close on 22 October was 66.48%, suggesting the stock is Neutral, with historical volatility in this time frame at 12.30%.

As of today, RADI’s price is $17.33 +3.56% or $0.60 from its 5-day moving average. RADI is currently trading +2.11% higher than its 20-day SMA and +14.65% higher than its 100-day SMA. However, the stock’s current price level is +10.16% above the SMA50 and +36.65% above the SMA200.

The stochastic %K and %D were 84.86% and 87.73%, respectively, and the average true range (ATR) was 0.50. With the 14-day stochastic at 80.18% and the average true range at 0.51, the RSI (14) stands at 60.46%. The stock has reached 0.28 on the 9-day MACD Oscillator while the 14-day reading was at 0.35.

Analyst Ratings

Raymond James launched coverage on Radius Global Infrastructure Inc. (NASDAQ: RADI) in its analyst report released on April 23, 2021. The firm assigned the stock a an Outperform rating. The consensus rating for Radius Global Infrastructure Inc. (RADI) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell RADI, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 2 others rate it as a “buy”.

What is RADI’s price target for the next 12 months?

Analysts predict a range of price targets between $19.00 and $21.00, with a median target of $21.00. Taking a look at these predictions, the average price target given by analysts for Radius Global Infrastructure Inc. (RADI) stock is $20.33.

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