After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
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Stocks Info
RXT belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of Rackspace Technology Inc is $661.14M. A total of 0.74 million shares were traded on the day, compared to an average of 704.34K 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.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, RXT has a high of $3.41 and a low of $1.22.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 -$4.17, while its Total Shareholder’s Equity was $1.33B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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.
