Rapid Micro Biosystems Inc (NASDAQ: RPID) is 247.78% higher on its value in year-to-date trading and has touched a low of $0.58 and a high of $4.04 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RPID stock was last observed hovering at around $3.47 in the last trading session, with the day’s loss setting it -0.34%.
Currently trading at $3.13, the stock is -9.54% and 8.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing -9.80% at the moment leaves the stock 66.81% off its SMA200. RPID registered 306.49% gain for a year compared to 6-month gain of 212.91%.
The stock witnessed a -5.44% loss in the last 1 month and extending the period to 3 months gives it a 36.09%, and is -16.76% down 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 4.51% over the week and 4.80% over the month.
Rapid Micro Biosystems Inc (RPID) has around 163 employees, a market worth around $137.20M and $29.64M in sales. Profit margin for the company is -151.22%. Distance from 52-week low is 439.66% and -22.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-63.92%).
The EPS is expected to grow by 8.80% this year
The shares outstanding are 39.19M, and float is at 19.80M with Short Float at 3.72%.
The top institutional shareholder in the company is BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC with over 8.43 million shares valued at $5.57 million. The investor’s holdings represent 19.5038 of the RPID Shares outstanding. As of 2024-06-30, the second largest holder is KENNEDY LEWIS MANAGEMENT LP with 4.94 million shares valued at $3.26 million to account for 11.4229 of the shares outstanding. The other top investors are GLENVIEW CAPITAL MANAGEMENT, LLC which holds 1.2 million shares representing 2.7767 and valued at over $0.79 million, while ABG-WTT GLOBAL LIFE SCIENCE CAPITAL PARTNERS GP LTD holds 2.4009 of the shares totaling 1.04 million with a market value of $0.69 million.
Rapid Micro Biosystems Inc (RPID) Insider Activity
The most recent transaction is an insider purchase by PEI MELINDA LITHERLAND, the company’s Director. SEC filings show that PEI MELINDA LITHERLAND bought 10,880 shares of the company’s common stock on Dec 03 ’24 at a price of $1.00 per share for a total of $10880.0. Following the purchase, the insider now owns 45180.0 shares.
Rapid Micro Biosystems Inc disclosed in a document filed with the SEC on Dec 05 ’24 that PEI MELINDA LITHERLAND (Director) bought a total of 9,120 shares of the company’s common stock. The trade occurred on Dec 05 ’24 and was made at $1.04 per share for $9484.0. Following the transaction, the insider now directly holds 54300.0 shares of the RPID stock.
Still, SEC filings show that on Nov 27 ’24, PEI MELINDA LITHERLAND (Director) acquired 19,892 shares at an average price of $1.05 for $20887.0. The insider now directly holds 34,300 shares of Rapid Micro Biosystems Inc (RPID).
