During the last session, Rapid Micro Biosystems Inc (NASDAQ:RPID)’s traded shares were 0.72 million, with the beta value of the company hitting 1.15. At the end of the trading day, the stock’s price was $3.08, reflecting an intraday gain of 25.71% or $0.63. The 52-week high for the RPID share is $4.04, that puts it down -31.17 from that peak though still a striking 81.17% gain since the share price plummeted to a 52-week low of $0.58. The company’s market capitalization is $134.99M, and the average trade volume was 433.51K shares over the past three months.
Rapid Micro Biosystems Inc (RPID) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.00. RPID has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.
Rapid Micro Biosystems Inc (NASDAQ:RPID) trade information
Rapid Micro Biosystems Inc (RPID) registered a 25.71% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 25.71% in intraday trading to $3.08, hitting a weekly high. The stock’s 5-day price performance is 30.51%, and it has moved by 41.94% in 30 days. Based on these gigs, the overall price performance for the year is 258.14%.
The consensus price target of analysts on Wall Street is $8, which implies an increase of 61.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8 and $8 respectively. As a result, RPID is trading at a discount of -159.74% off the target high and -159.74% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -9.90%. While earnings are projected to return 8.33% in 2025.
RPID Dividends
Rapid Micro Biosystems Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 4.94 million shares, is of KENNEDY LEWIS MANAGEMENT LP’s that is approximately 11.4229% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.26 million.
Also, the Mutual Funds coming in first place with the largest holdings of Rapid Micro Biosystems Inc (RPID) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and BlackRock Health Sciences Term Trust . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 594.57 shares. This amounts to just over 1.51 percent of the company’s overall shares, with a $1.83 million market value. The same data shows that the other fund manager holds slightly less at 571.18, or about 1.45% of the stock, which is worth about $1.76 million.
