Currently, there are 83.58M common shares owned by the public and among those 81.08M shares have been available to trade.
The company’s stock has a 5-day price change of 4.63% and 37.80% over the past three months. RSI shares are trading 8.67% year to date (YTD), with the 12-month market performance up to 180.79% higher. It has a 12-month low price of $5.22 and touched a high of $15.98 over the same period. RSI has an average intraday trading volume of 1.90 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.65%, 6.05%, and 39.96% respectively.
Institutional ownership of Rush Street Interactive Inc (NYSE: RSI) shares accounts for 74.75% of the company’s 83.58M shares outstanding.
It has a market capitalization of $3.37B and a beta (3y monthly) value of 1.75. The earnings-per-share (ttm) stands at -$0.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.91% over the week and 5.00% over the month.
Earnings per share for the fiscal year are expected to increase by 224.29%, and 115.48% over the next financial year.
Looking at the support for the RSI, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on May 17, 2024, with the firm’s price target at $9-$10. Craig Hallum coverage for the Rush Street Interactive Inc (RSI) stock in a research note released on April 19, 2024 offered a Buy rating with a price target of $8. JMP Securities was of a view on March 08, 2024 that the stock is Mkt Perform, while Susquehanna gave the stock Neutral rating on March 04, 2024, issuing a price target of $5- $6. Susquehanna on their part issued Positive rating on April 06, 2023.
