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.
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 $671.32M. A total of 0.78 million shares were traded on the day, compared to an average of 914.22K 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.
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 $3.41 and a low of $1.45.
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 -$4.17, 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.
