Rush Street Interactive Inc. (NYSE:RSI) stock’s Relative Strength Index (RSI) is 61.15, with weekly volatility at 6.04% and ATR at 0.79. The RSI stock’s 52-week price range has touched low of $9.61 and a $26.55 high. Its shares traded lower over the last trading session, losing -0.49% on 06/09/21. The shares fell to a low of $13.8065 before closing at $14.16. Intraday shares traded counted 0.98 million, which was 42.74% higher than its 30-day average trading volume of 1.72M. RSI’s previous close was $14.23 while the outstanding shares total 46.95M.
Investors have identified the Gambling company Rush Street Interactive 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 $3.13 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.
Rush Street Interactive Inc. (RSI) 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 411.8 million total, with 59.44 million as their total liabilities.
Having a look at the companyâ€™s valuation, the company is expected to record -0.44 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 RSI sounds very interesting.
Is the stock of RSI attractive?
In related news, Director, de Masi Niccolo sold 430,904 shares of the companyâ€™s stock in a transaction that recorded on May 27. The sale was performed at an average price of 12.04, for a total value of 5,186,662. As the sale deal closes, the Director, You Harry L. now sold 430,904 shares of the companyâ€™s stock, valued at 5,186,662. Also, Director, de Masi Niccolo sold 232,500 shares of the companyâ€™s stock in a deal that was recorded on May 26. The shares were price at an average price of 12.50 per share, with a total market value of 2,906,296. Following this completion of acquisition, the Director, You Harry L. now holds 232,500 shares of the companyâ€™s stock, valued at 2,906,296. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
6 out of 7 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Rush Street Interactive Inc.. 0 analysts has assigned a Sell rating on the RSI stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $20.86.