In the latest trading session, 1.86 million Rigetti Computing Inc (NASDAQ:RGTI) shares changed hands as the company’s beta touched 2.31. With the company’s most recent per share price at $1.01 changing hands around $0.02 or 2.39% at last look, the market valuation stands at $173.64M. RGTI’s current price is a discount, trading about -239.6% off its 52-week high of $3.43. The share price had its 52-week low at $0.87, which suggests the last value was 13.86% up since then. When we look at Rigetti Computing Inc’s average trading volume, we note the 3-month average coming to 4.34 million.
Rigetti Computing Inc (NASDAQ:RGTI) trade information
Instantly RGTI is in green as seen in intraday trades today. With action -1.94%, the performance over the past five days has been red. The jump to weekly highs of 1.0800 added 2.39% to the stock’s daily price. The company’s shares are showing year-to-date upside of 2.55%, with the 5-day performance at -1.94% in the red. However, in the 30-day time frame, Rigetti Computing Inc (NASDAQ:RGTI) is -12.17% down.
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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 0.00% over the past 6 months, a 50.94% in annual growth rate that is considerably higher than the industry average of 15.60%. Year-over-year growth is forecast to reach 27.40% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 3.53M. 4 analysts are of the opinion that Rigetti Computing Inc’s revenue for the current quarter will be 4.15M. The estimates for the next quarter sales put growth at 33.70%.
The 2024 estimates are for Rigetti Computing Inc earnings to increase by 35.30%.
RGTI Dividends
Rigetti Computing Inc is expected to release its next quarterly earnings report in July.
