RAPT Therapeutics Inc (NASDAQ:RAPT) has a beta value of 0.05 and has seen 1.13 million shares traded in the last trading session. The company, currently valued at $59.81M, closed the last trade at $1.67 per share which meant it gained $0.04 on the day or 2.45% during that session. The RAPT stock price is -1537.72% off its 52-week high price of $27.35 and 52.69% above the 52-week low of $0.79. If we look at the company’s 10-day average daily trading volume, we find that it stood at 16.87 million shares traded. The 3-month trading volume is 3.17 million shares.
The consensus among analysts is that RAPT Therapeutics Inc (RAPT) is Buy stock at the moment, with a recommendation rating of 2.60. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 6 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
RAPT Therapeutics Inc (NASDAQ:RAPT) trade information
Sporting 2.45% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RAPT stock price touched $1.67 or saw a rise of 13.92%. Year-to-date, RAPT Therapeutics Inc shares have moved 5.70%, while the 5-day performance has seen it change -7.73%. Over the past 30 days, the shares of RAPT Therapeutics Inc (NASDAQ:RAPT) have changed 39.17%. Short interest in the company has seen 1.72 million shares shorted with days to cover at 3.08.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could jump 16.5% from current levels. The projected low price target is $2.0 while the price target rests at a high of $2.0. In that case, then, we find that the current price level is -19.76% off the targeted high while a plunge would see the stock gain -19.76% from current levels.
RAPT Therapeutics Inc (RAPT) estimates and forecasts
Figures show that RAPT Therapeutics Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -40.36% over the past 6 months, with this year growth rate of 6.23%, compared to 16.90% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -12.39% over the past 5 years.
RAPT Dividends
RAPT Therapeutics Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
RAPT Therapeutics Inc (NASDAQ:RAPT)’s Major holders
Insiders own 1.84% of the company shares, while shares held by institutions stand at 83.96% with a share float percentage of 85.53%. Investors are also buoyed by the number of investors in a company, with RAPT Therapeutics Inc having a total of 144.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 5.24 million shares worth more than $15.97 million. As of 2024-06-30, FMR LLC held 13.5546% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 3.11 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.48 million and represent 8.0472% of shares outstanding.
