Rackspace Technology Stock Price History

RXT Stock  USD 2.68  0.04  1.52%   
Below is the normalized historical share price chart for Rackspace Technology extending back to August 05, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Rackspace Technology stands at 2.68, as last reported on the 30th of November, with the highest price reaching 2.79 and the lowest price hitting 2.62 during the day.
IPO Date
5th of August 2020
200 Day MA
2.2331
50 Day MA
2.5607
Beta
1.978
 
Covid
If you're considering investing in Rackspace Stock, it is important to understand the factors that can impact its price. Rackspace Technology appears to be very risky, given 3 months investment horizon. Rackspace Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.0939, which implies the firm had a 0.0939% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rackspace Technology, which you can use to evaluate the volatility of the company. Please evaluate Rackspace Technology's Semi Deviation of 4.0, coefficient of variation of 1180.87, and Risk Adjusted Performance of 0.0729 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Rackspace Technology's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, whereas Common Stock Shares Outstanding is likely to drop slightly above 165.2 M in 2024. . Price To Sales Ratio is likely to drop to 0.14 in 2024. Price Earnings Ratio is likely to drop to -0.54 in 2024. Rackspace Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0939

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Estimated Market Risk

 4.2
  actual daily
37
63% of assets are more volatile

Expected Return

 0.39
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Rackspace Technology is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rackspace Technology by adding it to a well-diversified portfolio.
Price Book
0.8119
Enterprise Value Ebitda
(18.94)
Price Sales
0.2168
Shares Float
74.6 M
Wall Street Target Price
2.8917

Rackspace Technology Stock Price History Chart

There are several ways to analyze Rackspace Stock price data. The simplest method is using a basic Rackspace candlestick price chart, which shows Rackspace Technology price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 13, 20243.03
Lowest PriceSeptember 6, 20242.11

Rackspace Technology November 30, 2024 Stock Price Synopsis

Various analyses of Rackspace Technology's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Rackspace Stock. It can be used to describe the percentage change in the price of Rackspace Technology from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Rackspace Stock.
Rackspace Technology Price Rate Of Daily Change 1.02 
Rackspace Technology Price Daily Balance Of Power 0.24 
Rackspace Technology Accumulation Distribution 35,547 

Rackspace Technology November 30, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Rackspace Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Rackspace Technology intraday prices and daily technical indicators to check the level of noise trading in Rackspace Stock and then apply it to test your longer-term investment strategies against Rackspace.

Rackspace Stock Price History Data

The price series of Rackspace Technology for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 has a statistical range of 0.92 with a coefficient of variation of 7.13. The price distribution for the period has arithmetic mean of 2.51. The median price for the last 90 days is 2.51. The company completed stock split (1:12) on 20th of July 2020.
OpenHighLowCloseVolume
11/29/2024 2.62  2.79  2.62  2.68  583,382 
11/27/2024 2.68  2.69  2.60  2.64  599,067 
11/26/2024 2.66  2.74  2.60  2.64  763,676 
11/25/2024 2.60  2.78  2.60  2.68  738,830 
11/22/2024 2.39  2.60  2.34  2.58  799,762 
11/21/2024 2.33  2.44  2.32  2.38  554,400 
11/20/2024 2.33  2.38  2.22  2.32  655,292 
11/19/2024 2.42  2.50  2.36  2.37  591,147 
11/18/2024 2.41  2.52  2.35  2.46  713,697 
11/15/2024 2.67  2.70  2.30  2.42  1,642,584 
11/14/2024 3.08  3.19  2.64  2.66  1,896,401 
11/13/2024 2.88  3.41  2.86  3.03  4,333,632 
11/12/2024 2.77  2.87  2.71  2.86  1,622,195 
11/11/2024 2.81  2.84  2.61  2.79  1,153,126 
11/08/2024 2.87  2.93  2.75  2.76  1,171,027 
11/07/2024 2.63  2.90  2.63  2.87  1,022,316 
11/06/2024 2.66  2.72  2.54  2.62  1,156,097 
11/05/2024 2.41  2.56  2.39  2.56  358,682 
11/04/2024 2.32  2.59  2.31  2.40  1,313,317 
11/01/2024 2.39  2.42  2.32  2.33  455,515 
10/31/2024 2.53  2.56  2.37  2.38  672,124 
10/30/2024 2.53  2.71  2.52  2.56  1,151,844 
10/29/2024 2.58  2.58  2.51  2.53  279,820 
10/28/2024 2.51  2.62  2.50  2.56  468,189 
10/25/2024 2.52  2.58  2.47  2.49  273,101 
10/24/2024 2.53  2.53  2.45  2.52  203,689 
10/23/2024 2.51  2.57  2.46  2.49  289,080 
10/22/2024 2.53  2.55  2.50  2.51  217,537 
10/21/2024 2.60  2.60  2.51  2.54  193,916 
10/18/2024 2.57  2.61  2.50  2.60  312,846 
10/17/2024 2.81  2.81  2.54  2.56  559,324 
10/16/2024 2.84  2.89  2.75  2.81  717,952 
10/15/2024 2.65  2.85  2.63  2.81  958,657 
10/14/2024 2.68  2.74  2.62  2.64  331,677 
10/11/2024 2.68  2.82  2.67  2.70  446,374 
10/10/2024 2.76  2.84  2.68  2.70  369,698 
10/09/2024 2.60  2.85  2.56  2.80  589,541 
10/08/2024 2.56  2.65  2.50  2.63  482,470 
10/07/2024 2.52  2.62  2.51  2.59  288,622 
10/04/2024 2.39  2.56  2.36  2.54  628,961 
10/03/2024 2.34  2.39  2.29  2.36  283,652 
10/02/2024 2.36  2.43  2.34  2.38  602,367 
10/01/2024 2.45  2.48  2.32  2.38  660,191 
09/30/2024 2.45  2.49  2.38  2.45  519,915 
09/27/2024 2.60  2.65  2.46  2.47  736,715 
09/26/2024 2.48  2.60  2.40  2.57  976,281 
09/25/2024 2.47  2.50  2.42  2.44  313,546 
09/24/2024 2.45  2.50  2.44  2.46  472,386 
09/23/2024 2.40  2.44  2.34  2.41  452,863 
09/20/2024 2.39  2.48  2.36  2.37  1,258,034 
09/19/2024 2.52  2.56  2.40  2.42  382,534 
09/18/2024 2.52  2.57  2.42  2.42  597,850 
09/17/2024 2.46  2.55  2.40  2.50  1,009,974 
09/16/2024 2.51  2.52  2.38  2.46  558,714 
09/13/2024 2.51  2.59  2.48  2.51  623,022 
09/12/2024 2.41  2.55  2.38  2.53  536,778 
09/11/2024 2.34  2.46  2.32  2.44  456,611 
09/10/2024 2.27  2.39  2.19  2.38  472,324 
09/09/2024 2.14  2.30  2.14  2.27  615,295 
09/06/2024 2.21  2.26  2.08  2.11  541,742 
09/05/2024 2.26  2.31  2.21  2.25  400,845 

About Rackspace Technology Stock history

Rackspace Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Rackspace is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rackspace Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Rackspace Technology stock prices may prove useful in developing a viable investing in Rackspace Technology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding215.3 M165.2 M
Net Loss-724.3 M-688.1 M

Rackspace Technology Stock Technical Analysis

Rackspace Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Rackspace Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rackspace Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Rackspace Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rackspace Technology's price direction in advance. Along with the technical and fundamental analysis of Rackspace Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rackspace to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.