Rigetti Computing Inc (RGTI) is 6.03% away from 50-day simple Moving Average despite all headwinds


Rigetti Computing Inc (RGTI) is 6.03% away from 50-day simple Moving Average despite all headwinds

Rigetti Computing Inc (NASDAQ: RGTI) kicked off on Tuesday, down -4.37% from the previous trading day, before settling in for the closing price of $16.23. Over the past 52 weeks, RGTI has traded in a range of $0.66-$21.42.

While this was happening, its average annual earnings per share was recorded 20.53%. With a float of $316.70 million, this company's outstanding shares have now reached $323.76 million.

Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Rigetti Computing Inc is 2.30%, while institutional ownership is 38.10%. The most recent insider transaction that took place on Aug 20 '25, was worth 658,472. In this transaction CHIEF TECHNOLOGY OFFICER of this company sold 44,355 shares at a rate of $14.85, taking the stock ownership to the 730,568 shares. Before that another transaction happened on Aug 20 '25, when Company's CHIEF FINANCIAL OFFICER sold 3,919 for $14.84, making the entire transaction worth $58,149. This insider now owns 183,581 shares in total.

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.09 earnings per share (EPS), lower than consensus estimate (set at -0.07) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

Take a look at Rigetti Computing Inc's (RGTI) current performance indicators. Last quarter, stock had a quick ratio of 41.57. In addition, a publicly-traded company's price to sales ratio for the trailing twelve months stands at 635.23.

For the trailing twelve months, Company's Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.18 in one year's time.

Rigetti Computing Inc (NASDAQ: RGTI) saw its 5-day average volume 53.05 million, a negative change from its year-to-date volume of 68.95 million. As of the previous 9 days, the stock's Stochastic %D was 63.03%.

During the past 100 days, Rigetti Computing Inc's (RGTI) raw stochastic average was set at 74.80%, which indicates a significant increase from 39.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.30 in the past 14 days, which was higher than the 1.04 volatility it showed in the past 100 days.

At the time of writing, stock's 50-day Moving Average is $14.64, while its 200-day Moving Average is $10.95. Nevertheless, the first resistance level for the watch stands at $16.11 in the near term. At $16.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.38. If the price goes on to break the first support level at $14.85, it is likely to go to the next support level at $14.17. The third support level lies at $13.58 if the price breaches the second support level.

The company with the Market Capitalisation of 5.03 billion has total of 324,165K Shares Outstanding. Its annual sales at the moment are 10,790 K in contrast with the sum of -200,990 K annual income. Company's last quarter sales were recorded 1,800 K and last quarter income was -39,650 K.

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