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Can Rackspace Technology, Inc. (RXT) Stock Rise to the Top of Technology Sector Tuesday?

Tuesday, November 28, 2023 10:00 AM | InvestorsObserver Analysts

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Can Rackspace Technology, Inc. (RXT) Stock Rise to the Top of Technology Sector Tuesday?

The 10 rating InvestorsObserver gives to Rackspace Technology, Inc. (RXT) stock puts it near the bottom of the Technology sector. In addition to scoring higher than 26 percent of stocks in the Technology sector, RXT’s 10 overall rating means the stock scores better than 10 of all stocks.

Overall Score - 10
RXT has an Overall Score of 10. Find out what this means to you and get the rest of the rankings on RXT!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 10 means the stock is more attractive than 10 percent of stocks. Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Rackspace Technology, Inc. Stock Today?

Rackspace Technology, Inc. (RXT) stock is trading at $1.31 as of 9:58 AM on Tuesday, Nov 28, a loss of -$0.03, or -1.88% from the previous closing price of $1.33. The stock has traded between $1.27 and $1.32 so far today. Volume today is low. So far 163,423 shares have traded compared to average volume of 1,067,761 shares. Click Here to get the full Stock Report for Rackspace Technology, Inc. stock.

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