Rambus Inc. (NASDAQ:RMBS) previous close was $18.70 while the outstanding shares total 112.21M. The firm has a beta of 1.05. RMBS’s shares traded lower over the last trading session, losing -1.55% on 05/18/21. The shares fell to a low of $18.39 before closing at $18.41. Intraday shares traded counted 1.09 million, which was -50.7% lower than its 30-day average trading volume of 725.91K. The stock’s Relative Strength Index (RSI) is 40.50, with weekly volatility at 3.12% and ATR at 0.56. The RMBS stock’s 52-week price range has touched low of $13.08 and a $22.30 high.
Investors have identified the Semiconductors company Rambus 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 $2.02 billion, 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.
Rambus Inc. (RMBS) 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. In terms of their assets, the company currently has 724.34 million total, with 80.4 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.19 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RMBS sounds very interesting.
Is the stock of RMBS attractive?
In related news, SVP, General Counsel, Shinn John sold 2,037 shares of the company’s stock in a transaction that recorded on May 17. The sale was performed at an average price of 18.43, for a total value of 37,542. As the sale deal closes, the Principal Accounting Officer, Jones Keith A now sold 10,432 shares of the company’s stock, valued at 207,056. Also, President and CEO, Seraphin Luc sold 12,605 shares of the company’s stock in a deal that was recorded on Feb 04. The shares were price at an average price of 19.09 per share, with a total market value of 240,642. Following this completion of acquisition, the President and CEO, Seraphin Luc now holds 36,366 shares of the company’s stock, valued at 703,348. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.90%.
4 out of 7 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Rambus Inc.. 0 analysts has assigned a Sell rating on the RMBS stock. The 12-month mean consensus price target for the company’s shares has been set at $22.67.