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
RXT belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of Rackspace Technology Inc is $320.48M. A total of 0.58 million shares were traded on the day, compared to an average of 975.99K 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.
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, RXT has a high of $3.41 and a low of $1.00.
As of this writing, RXT has an earnings estimate of -$0.05 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of -$0.05 per share and a lower estimate of -$0.06.
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. 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
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 RXT is Buy with a score of 2.67.
