Radnet Inc (NASDAQ: RDNT): Is It A Buying Opportunity Again?

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.

Stocks Info

RDNT belongs to the Healthcare sector of the NASDAQ while operating in the Diagnostics & Research industry. The current market capitalization of Radnet Inc is $3.75B. A total of 0.6 million shares were traded on the day, compared to an average of 889.70K shares.

In the most recent transaction, Norman R. Hames bought 15,000 shares of RDNT for 49.42 per share on Mar 17 ’25. In a previous transaction on Mar 19 ’25, HAMES NORMAN R sold 5,000 shares at 50.22 per share. RDNT shares that Pres and COO-West Operations owns now total 251,959.

Among the insiders who sold shares, HAMES NORMAN R disposed of 5,000 shares on Mar 17 ’25 at a per-share price of $49.79. This resulted in the Pres and COO-West Operations holding 261,959 shares of RDNT after the transaction. In another insider transaction, HAMES NORMAN R sold 5,000 shares at $48.25 per share on Mar 18 ’25. Company shares held by the Pres and COO-West Operations now total 256,959.

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, RDNT has a high of $93.65 and a low of $45.82.

As of this writing, RDNT has an earnings estimate of -$0.13 per share for the current quarter. EPS was calculated based on a consensus of 5.0 estimates, with a high estimate of -$0.04 per share and a lower estimate of -$0.22.

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. RDNT’s latest balance sheet shows that the firm has $134.61M in Cash & Short Term Investments as of fiscal 2021. There were $1.40B in debt and $374.78M in liabilities at the time. Its Book Value Per Share was $12.19, while its Total Shareholder’s Equity was $346.16M.

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 RDNT is Buy with a score of 5.00.

Most Popular

Related Posts