After Hours
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.
Stocks Info
As a NASDAQ listed company, RXT falls under the Technology sector while operating within the Software – Infrastructure industry segment. The current market capitalization of Rackspace Technology Inc is $301.59M. A total of 0.75 million shares were traded on the day, compared to an average of 1.02M 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.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, RXT has a high of $3.41 and a low of $1.00.
As of this writing, RXT has an earnings estimate of -$0.04 per share for the current quarter. EPS was calculated based on a consensus of 3.0 estimates, with a high estimate of -$0.02 per share and a lower estimate of -$0.05. The company reported an EPS of -$0.04 in the last quarter
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 -$4.68, 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 2.71.
