RealNetworks Inc. (NASDAQ:RNWK) Relative Strength Index (RSI) is 77.81, with weekly volatility at 16.89% and ATR at 0.49. The RNWK stock’s 52-week price range has touched low of $0.32 and a $4.23 high. Intraday shares traded counted 27.35 million, which was -4265.57% lower than its 30-day average trading volume of 626.44K. Its shares traded higher over the last trading session, gaining 41.41% on 02/22/21. The shares fell to a low of $4.1129 before closing at $5.02. RNWK’s previous close was $3.55 while the outstanding shares total 38.27M. The firm has a beta of 1.64.
Investors have identified the Electronic Gaming & Multimedia company RealNetworks Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $178.61 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
RealNetworks Inc. (RNWK) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For RNWK, the company has in raw cash 13.24 million on their books with 3.9 million currently as liabilities. How the trend is over time is what investors should be concerned about. In terms of their assets, the company currently has 119.72 million total, with 105.58 million as their total liabilities.
Is the stock of RNWK attractive?
In the last 6 months, insiders have changed their ownership in shares of company stock by 1.10%.