After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. The current market capitalization of Rackspace Technology Inc is $574.12M. A total of 0.63 million shares were traded on the day, compared to an average of 1.02M shares.
In the most recent transaction, Maletira Amar sold 91,863 shares of RXT for 2.37 per share on Oct 01 ’24. After the transaction, the Chief Executive Officer now owns 5,066,536 company shares. In a previous transaction on Sep 30 ’24, Maletira Amar sold 84,823 shares at 2.42 per share. RXT shares that Chief Executive Officer owns now total 5,158,399.
Among the insiders who sold shares, Maletira Amar disposed of 82,552 shares on Oct 02 ’24 at a per-share price of $2.37. This resulted in the Chief Executive Officer holding 4,983,984 shares of RXT after the transaction. In another insider transaction, Maletira Amar sold 52,206 shares at $2.35 per share on Aug 21 ’24. Company shares held by the Chief Executive Officer now total 5,347,434.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, RXT has a high of $3.18 and a low of $1.15.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RXT’s latest balance sheet shows that the firm has $272.80M in Cash & Short Term Investments as of fiscal 2021. There were $3.97B in debt and $837.40M in liabilities at the time. Its Book Value Per Share was -$3.35, while its Total Shareholder’s Equity was $1.33B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RXT is Buy with a score of 2.83.
