Rapid Micro Biosystems, Inc. (NASDAQ:RPID – Get Free Report) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 43,600 shares, a decrease of 25.1% from the December 15th total of 58,200 shares. Based on an average daily volume of 74,900 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are short sold.
Rapid Micro Biosystems Price Performance
Shares of Rapid Micro Biosystems stock traded up $0.03 during trading on Friday, hitting $1.23. 302,298 shares of the company’s stock traded hands, compared to its average volume of 192,845. Rapid Micro Biosystems has a 1 year low of $0.58 and a 1 year high of $1.45. The business has a 50-day simple moving average of $1.04 and a 200-day simple moving average of $0.90. The stock has a market capitalization of $52.93 million, a P/E ratio of -1.10 and a beta of 1.07.
Rapid Micro Biosystems (NASDAQ:RPID – Get Free Report) last posted its earnings results on Friday, November 1st. The company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.01). The company had revenue of $7.60 million during the quarter, compared to the consensus estimate of $6.30 million. Rapid Micro Biosystems had a negative return on equity of 48.05% and a negative net margin of 184.93%. During the same period last year, the firm posted ($0.31) EPS. On average, equities analysts predict that Rapid Micro Biosystems will post -1.09 earnings per share for the current fiscal year.
Rapid Micro Biosystems Company Profile
Rapid Micro Biosystems, Inc, a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in the United States, Germany, Switzerland, Japan, and internationally. The company offers Growth Direct platform, which includes Growth Direct system, proprietary consumables, lab information management system connection software, and customer support and validation services.
Read More
- Five stocks we like better than Rapid Micro Biosystems
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
- How to Calculate Retirement Income: MarketBeat’s Calculator
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- What is the Dogs of the Dow Strategy? Overview and Examples
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
Receive News & Ratings for Rapid Micro Biosystems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rapid Micro Biosystems and related companies with MarketBeat.com's FREE daily email newsletter.