Rubrik Inc (NYSE:RBRK) shares, rose in value on Wednesday, March 26, with the stock price down by -7.63% to the previous day’s close as strong demand from buyers drove the stock to $68.61.
Actively observing the price movement in the last trading, the stock closed the session at $74.28, falling within a range of $67.01 and $70.95. Referring to stock’s 52-week performance, its high was $80.00, and the low was $28.34. On the whole, RBRK has fluctuated by 7.44% over the past month.
With the market capitalization of Rubrik Inc currently standing at about $13.02 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.16B, with a low estimate of 260M and a high estimate of 261.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 260.39M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RBRK’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of RBRK currently trading nearly 6.67% and -0.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.81, while the 7-day volatility ratio is showing 4.76% which for the 30-day chart, stands at 6.17%. Furthermore, Rubrik Inc (RBRK)’s average true range (ATR) is 4.62.
Data on historical trading for Rubrik Inc (NYSE:RBRK) indicates that the trading volumes over the past 10 days have averaged 3.21 and over the past 3 months, they’ve averaged 2.25 million. According to company’s latest data on outstanding shares, there are 101.98 million shares outstanding.
Nearly 57.24% of Rubrik Inc’s shares belong to company insiders and institutional investors own 32.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.35 million shares as on 2025-03-14, resulting in a short ratio of 3.87. The stock has risen by 4.97% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RBRK stock heading into the next quarter.
