After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.
Stocks Info
Rackspace Technology Inc is listed on the NASDAQ in the Technology sector while operating in the Software – Infrastructure industry. The current market capitalization of Rackspace Technology Inc is $415.29M. A total of 0.64 million shares were traded on the day, compared to an average of 943.32K shares.
In the most recent transaction, Maletira Amar sold 521,840 shares of RXT for 1.87 per share on Mar 17 ’25. After the transaction, the Chief Executive Officer now owns 4,368,328 company shares. In a previous transaction on Mar 17 ’25, Marino Mark A. sold 20,217 shares at 1.87 per share. RXT shares that Chief Financial Officer owns now total 1,917,446.
Among the insiders who sold shares, SINHA DHARMENDRA KUMAR disposed of 176,374 shares on Mar 17 ’25 at a per-share price of $1.87. This resulted in the EVP, President, Public Cloud holding 2,117,455 shares of RXT after the transaction. In another insider transaction, Koushik Srini sold 73,972 shares at $1.87 per share on Mar 17 ’25. Company shares held by the President, Technology now total 935,114.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable 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
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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 -$4.38, while its Total Shareholder’s Equity was $1.33B.
Analysts Opinion
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. 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.
