After A 17.99% Jump In The Last Week, Does RAPT Therapeutics Inc (NASDAQ: RAPT) Still Make Sense To Buy?

During the last session, RAPT Therapeutics Inc (NASDAQ:RAPT)’s traded shares were 0.32 million, with the beta value of the company hitting 0.32. At the end of the trading day, the stock’s price was $2.23, reflecting an intraday gain of 5.19% or $0.11. The 52-week high for the RAPT share is $27.35, that puts it down -1126.46 from that peak though still a striking 26.46% gain since the share price plummeted to a 52-week low of $1.64. The company’s market capitalization is $77.84M, and the average intraday trading volume over the past 10 days was 0.3 million shares, and the average trade volume was 267.95K shares over the past three months.

RAPT Therapeutics Inc (RAPT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.40. RAPT has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.

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RAPT Therapeutics Inc (NASDAQ:RAPT) trade information

RAPT Therapeutics Inc (RAPT) registered a 5.19% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.19% in intraday trading to $2.23, hitting a weekly high. The stock’s 5-day price performance is 17.99%, and it has moved by 12.06% in 30 days. Based on these gigs, the overall price performance for the year is -84.33%. The short interest in RAPT Therapeutics Inc (NASDAQ:RAPT) is 2.87 million shares and it means that shorts have 11.13 day(s) to cover.

The consensus price target of analysts on Wall Street is $48, which implies an increase of 95.35% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $27 and $55 respectively. As a result, RAPT is trading at a discount of -2366.37% off the target high and -1110.76% off the low.

RAPT Therapeutics Inc (RAPT) estimates and forecasts

Statistics show that RAPT Therapeutics Inc has underperformed its competitors in share price, compared to the industry in which it operates. RAPT Therapeutics Inc (RAPT) shares have gone down -73.23% during the last six months, with a year-to-date growth rate less than the industry average at 10.49% against 17.10.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -12.39%. While earnings are projected to return 19.19% in 2024.

RAPT Dividends

RAPT Therapeutics Inc is due to release its next quarterly earnings on 2024-Nov-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

RAPT Therapeutics Inc (NASDAQ:RAPT)’s Major holders

RAPT Therapeutics Inc insiders own 1.84% of total outstanding shares while institutional holders control 92.46%, with the float percentage being 94.20%. FMR LLC is the largest shareholder of the company, while 151.0 institutions own stock in it. As of 2024-06-30, the company held over 5.24 million shares (or 13.5546% of all shares), a total value of $15.97 million in shares.

The next largest institutional holding, with 3.11 million shares, is of VANGUARD GROUP INC’s that is approximately 8.0472% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $9.48 million.