After Hours
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.
Stocks Info
This NASDAQ-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. The current market capitalization of Rackspace Technology Inc is $650.85M. A total of 1.02 million shares were traded on the day, compared to an average of 917.17K shares.
In the most recent transaction, Marino Mark A. sold 14,458 shares of RXT for 2.34 per share on Jan 27 ’25. After the transaction, the Chief Financial Officer now owns 1,915,356 company shares. In a previous transaction on Dec 06 ’24, Roberts Anthony C. bought 19,455 shares at 2.60 per share. RXT shares that Director owns now total 161,930.
Among the insiders who sold shares, Koushik Srini disposed of 8,028 shares on Dec 03 ’24 at a per-share price of $2.54. This resulted in the President, Technology holding 1,018,251 shares of RXT after the transaction. In another insider transaction, SINHA DHARMENDRA KUMAR sold 23,357 shares at $2.54 per share on Dec 03 ’24. Company shares held by the EVP, President, Public Cloud now total 2,311,309.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, RXT has a high of $3.41 and a low of $1.45.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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
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. 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.
