Is RAPT Therapeutics Inc (NASDAQ:RAPT), -1853.57% Below Its High, Poised For A Strong Recovery?

In recent trading session, RAPT Therapeutics Inc (NASDAQ:RAPT) saw 0.58 million shares changing hands at last check today with its beta currently measuring 0.06. Company’s recent per share price level of $1.40 trading at -$0.05 or -3.10% at last check today assigns it a market valuation of $49.12M. That most recent trading price of RAPT’s stock is at a discount of -1853.57% from its 52-week high price of $27.35 and is indicating a premium of 43.57% from its 52-week low price of $0.79. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.97 million shares which gives us an average trading volume of 3.22 million if we extend that period to 3-months.

For RAPT Therapeutics Inc (RAPT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.60. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.34 in the current quarter.

RAPT Therapeutics Inc (NASDAQ:RAPT) trade information

Upright in the red during last session for losing -3.10%, in the last five days RAPT remained trading in the red while hitting it’s week-highest on Friday, 01/03/25 when the stock touched $1.40 price level, adding 21.3% to its value on the day. RAPT Therapeutics Inc’s shares saw a change of -11.08% in year-to-date performance and have moved -13.80% in past 5-day. RAPT Therapeutics Inc (NASDAQ:RAPT) showed a performance of 20.09% in past 30-days. Number of shares sold short was 1.72 million shares which calculate 3.08 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a rise of 30.0% to its recent value today. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 2. It follows that stock’s current price would drop -42.86% in reaching the projected high whereas dropping to the targeted low would mean a loss of -42.86% for stock’s current value.

RAPT Therapeutics Inc (RAPT) estimates and forecasts

Statistics highlight that RAPT Therapeutics Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -59.63% of value to its shares in past 6 months, showing an annual growth rate of 6.23% while that of industry is 16.50. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -12.39% during past 5 years.

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

Insiders are in possession of 1.84% of company’s total shares while institution are holding 84.02 percent of that, with stock having share float percentage of 85.60%. Investors also watch the number of corporate investors in a company very closely, which is 84.02% institutions for RAPT Therapeutics Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at RAPT for having 5.24 million shares of worth $15.97 million. And as of 2024-06-30, it was holding 13.5546 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 3.11 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.0472 of outstanding shares, having a total worth of $9.48 million.

On the other hand, Fidelity Growth Company Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024, the former fund manager was holding 1.51 shares of worth $2.09 million or 4.33% of the total outstanding shares. The later fund manager was in possession of 1.12 shares on Sep 30, 2024, making its stake of worth around $1.56 million in the company or a holder of 3.21% of company’s stock.