Rigetti Computing Inc (NASDAQ:RGTI) Is 69.49% Above Its 52-Week Low, But Will It Continue To Rise?

Rigetti Computing Inc (NASDAQ:RGTI)’s traded shares stood at 5.56 million during the last session, with the company’s beta value hitting 2.48. At the close of trading, the stock’s price was $1.18, to imply a decrease of -2.48% or -$0.03 in intraday trading. The RGTI share’s 52-week high remains $3.43, putting it -190.68% down since that peak but still an impressive 69.49% since price per share fell to its 52-week low of $0.36. The company has a valuation of $186.65M, with an average of 7.18 million shares over the past 3 months.

Rigetti Computing Inc (NASDAQ:RGTI) trade information

After registering a -2.48% downside in the last session, Rigetti Computing Inc (RGTI) has traded red over the past five days. The stock hit a weekly high of 1.3150, dropping -2.48% in its intraday price action. The 5-day price performance for the stock is -6.35%, and -41.87% over 30 days. With these gigs, the year-to-date price performance is 19.81%.

Rigetti Computing Inc (RGTI) estimates and forecasts

Looking at statistics comparing Rigetti Computing Inc share performance against respective industry, we note that the company has outperformed competitors. Rigetti Computing Inc (RGTI) shares are -16.31% down over the last 6 months, with its year-to-date growth rate higher than industry average at 37.74% against 14.70%.

RGTI Dividends

Rigetti Computing Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Rigetti Computing Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.