Rush Street Interactive Inc (NYSE: RSI) is -19.90% lower on its value in year-to-date trading and has touched a low of $5.71 and a high of $16.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RSI stock was last observed hovering at around $10.91 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $10.99, the stock is 1.30% and -15.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing 0.73% at the moment leaves the stock -4.19% off its SMA200. RSI registered 71.45% gain for a year compared to 6-month gain of 3.68%. The firm has a 50-day simple moving average (SMA 50) of $13.0596 and a 200-day simple moving average (SMA200) of $11.47055.
The stock witnessed a -17.37% loss in the last 1 month and extending the period to 3 months gives it a -18.53%, and is 0.55% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.52% over the week and 6.26% over the month.
Rush Street Interactive Inc (RSI) has around 883 employees, a market worth around $2.51B and $924.08M in sales. Current P/E ratio is 549.50 and Fwd P/E is 24.95. Profit margin for the company is 0.26%. Distance from 52-week low is 92.47% and -34.49% from its 52-week high. The company has generated returns on investments over the last 12 months (2.60%).
with sales reaching $258.9M over the same period.The EPS is expected to grow by 68.82% this year, but quarterly earnings will post 14.96% year-over-year. Quarterly sales are estimated to grow 19.07% in year-over-year returns.
271.0 institutions hold shares in Rush Street Interactive Inc (RSI), with institutional investors hold 86.47% of the company’s shares. The shares outstanding are 90.51M, and float is at 86.95M with Short Float at 9.56%. Institutions hold 82.51% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.74 million shares valued at $64.68 million. The investor’s holdings represent 8.8718 of the RSI Shares outstanding. As of 2024-06-30, the second largest holder is HG VORA CAPITAL MANAGEMENT, LLC with 7.0 million shares valued at $67.13 million to account for 8.7446 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.71 million shares representing 7.1293 and valued at over $54.73 million, while DIVISADERO STREET CAPITAL MANAGEMENT, LP holds 4.7573 of the shares totaling 3.81 million with a market value of $36.52 million.
Rush Street Interactive Inc (RSI) Insider Activity
The most recent transaction is an insider sale by Sauers Kyle, the company’s Chief Financial Officer. SEC filings show that Sauers Kyle sold 28,381 shares of the company’s common stock on Mar 18 ’25 at a price of $10.70 per share for a total of $0.3 million. Following the sale, the insider now owns 0.47 million shares.
Still, SEC filings show that on Mar 11 ’25, SCHWARTZ RICHARD TODD (Officer) Proposed Sale 84,412 shares at an average price of $10.25 for $0.87 million. The insider now directly holds shares of Rush Street Interactive Inc (RSI).
