Rackspace technology director Anthony Roberts buys 50,583 in stock - Investing.com
| RXT Stock | USD 2.29 0.03 1.29% |
Slightly above 62% of Rackspace Technology's investor base is looking to short. The analysis of the overall prospects from investing in Rackspace Technology suggests that many traders are, at the present time, alarmed. Rackspace Technology's investing sentiment can be driven by a variety of factors including economic data, Rackspace Technology's earnings reports, geopolitical events, and overall market trends.
Rackspace |
Rackspace technology director Anthony Roberts buys 50,583 in stock Investing.com
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Rackspace Technology Fundamental Analysis
We analyze Rackspace Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rackspace Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rackspace Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Rackspace Technology is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Rackspace Technology Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Rackspace Technology stock to make a market-neutral strategy. Peer analysis of Rackspace Technology could also be used in its relative valuation, which is a method of valuing Rackspace Technology by comparing valuation metrics with similar companies.
Peers
Rackspace Technology Related Equities
| RAMP | Liveramp Holdings | 1.12 |
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| CINT | CiT | 1.26 |
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| S | SentinelOne | 1.62 |
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| TENB | Tenable Holdings | 2.99 |
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| NTNX | Nutanix | 3.03 |
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| YEXT | Yext | 3.21 |
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| ALAR | Alarum Technologies | 3.45 |
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| STEM | Stem | 4.24 |
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| PGY | Pagaya Technologies | 5.69 |
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| AFRM | Affirm Holdings | 5.84 |
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| GCT | GigaCloud Technology | 6.12 |
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| ARQQ | Arqit Quantum | 8.46 |
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| HUBC | Hub Cyber | 15.00 |
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Additional Tools for Rackspace Stock Analysis
When running Rackspace Technology's price analysis, check to measure Rackspace Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.