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
Rackspace Technology Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Infrastructure industry. The current market capitalization of Rackspace Technology Inc is $322.85M. A total of 0.9 million shares were traded on the day, compared to an average of 987.23K 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.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, RXT has a high of $3.41 and a low of $1.00.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. 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 -$4.52, while its Total Shareholder’s Equity was $1.33B.
Analysts Opinion
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. 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 2.67.
