Rigetti Computing Inc (NASDAQ: RGTI) Stock: Does It Have Room To Grow?

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In the last trading session, 2.99 million Rigetti Computing Inc (NASDAQ:RGTI) shares changed hands as the company’s beta touched 2.47. With the company’s per share price at $1.40 changed hands at $0.09 or 6.87% during last session, the market valuation stood at $240.28M. RGTI’s last price was a discount, traded about -145.0% off its 52-week high of $3.43. The share price had its 52-week low at $0.36, which suggests the last value was 74.29% up since then. When we look at Rigetti Computing Inc’s average trading volume, we note the 3-month average coming to 7.26 million.

Rigetti Computing Inc (NASDAQ:RGTI) trade information

Instantly RGTI was in green as seen at the end of in last trading. With action 10.24%, the performance over the past five days has been green. The jump to weekly highs of 1.4300 added 6.87% to the stock’s daily price. The company’s shares are showing year-to-date upside of 42.15%, with the 5-day performance at 10.24% in the green. However, in the 30-day time frame, Rigetti Computing Inc (NASDAQ:RGTI) is 0.72% up.

Rigetti Computing Inc (RGTI) estimates and forecasts

Data shows that the Rigetti Computing Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 33.33% over the past 6 months, a 37.74% in annual growth rate that is considerably higher than the industry average of 15.30%.

The 2024 estimates are for Rigetti Computing Inc earnings to increase by 31.56%.

RGTI Dividends

Rigetti Computing Inc is expected to release its next quarterly earnings report in June.