RxSight Inc (NASDAQ:RXST) At $61.68: What To Do?

In last trading session, RxSight Inc (NASDAQ:RXST) saw 0.53 million shares changing hands with its beta currently measuring 1.20. Company’s recent per share price level of $61.68 trading at $2.05 or 3.44% at ring of the bell on the day assigns it a market valuation of $2.29B. That closing price of RXST’s stock is at a premium of 3.21% from its 52-week high price of $59.70 and is indicating a premium of 70.67% from its 52-week low price of $18.09. Taking a look at company’s average trading volume volume of 402.20K if we extend that period to 3-months.

RxSight Inc (NASDAQ:RXST) trade information

Upright in the green during last session for gaining 3.44%, in the last five days RXST remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $61.68 price level, adding 0.27% to its value on the day. RxSight Inc’s shares saw a change of 52.98% in year-to-date performance and have moved 16.88% in past 5-day. RxSight Inc (NASDAQ:RXST) showed a performance of 18.62% in past 30-days.

RxSight Inc (RXST) estimates and forecasts

Statistics highlight that RxSight Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 176.59% of value to its shares in past 6 months, showing an annual growth rate of 64.54% while that of industry is 14.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

In 2024, company’s earnings growth rate is likely to be around 30.27% while estimates for its earnings growth in next 5 years are of 19.00%.

RXST Dividends

RxSight Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.