In the last trading session, 2.54 million Rani Therapeutics Holdings Inc (NASDAQ:RANI) shares changed hands as the company’s beta touched 0.00. With the company’s per share price at $0.64 changed hands at $0.07 or 12.23% during last session, the market valuation stood at $36.86M. RANI’s last price was a discount, traded about -796.88% off its 52-week high of $5.74. The share price had its 52-week low at $0.46, which suggests the last value was 28.12% up since then.
Analysts gave the Rani Therapeutics Holdings Inc (RANI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended RANI as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
Rani Therapeutics Holdings Inc (NASDAQ:RANI) trade information
Instantly RANI was in green as seen at the end of in last trading. With action -12.25%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -53.24%, with the 5-day performance at -12.25% in the red. However, in the 30-day time frame, Rani Therapeutics Holdings Inc (NASDAQ:RANI) is -44.30% down.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need an upside of 93.6% from its current market value. According to analyst projections, RANI’s forecast low is 9 with 28 as the target high. To hit the forecast high, the stock’s price needs a -4275.0% plunge from its current level, while the stock would need to soar -1306.25% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.78%. The 2025 estimates are for Rani Therapeutics Holdings Inc earnings to increase by 10.67%, but the outlook for the next 5-year period is at 24.05% per year.
RANI Dividends
Rani Therapeutics Holdings Inc is expected to release its next quarterly earnings report in June.
NAN FUNG GROUP HOLDINGS LTD holds the second largest percentage of outstanding shares, with 1.8959% or 0.49 million shares worth $1.88 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . With 518.7 shares estimated at $0.33 million under it, the former controlled 1.55% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 0.52% of the shares, roughly 172.98 shares worth around $0.11 million.
