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Is Rackspace Technology, Inc. (RXT) Stock at the Top of the Software - Infrastructure Industry?

Friday, March 24, 2023 12:36 PM | InvestorsObserver Analysts

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Is Rackspace Technology, Inc. (RXT) Stock at the Top of the Software - Infrastructure Industry?

Rackspace Technology, Inc. (RXT) is near the bottom in its industry group according to InvestorsObserver. RXT gets an overall rating of 36. That means it scores higher than 36 percent of stocks. Rackspace Technology, Inc. gets a 31 rank in the Software - Infrastructure industry. Software - Infrastructure is number 84 out of 148 industries.

Overall Score - 36
RXT has an Overall Score of 36. Find out what this means to you and get the rest of the rankings on RXT!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. InvestorsObserver makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

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

Rackspace Technology, Inc. (RXT) stock is trading at $1.73 as of 12:36 PM on Friday, Mar 24, a drop of -$0.02, or -1.43% from the previous closing price of $1.75. The stock has traded between $1.70 and $1.79 so far today. Volume today is less active than usual. So far 282,066 shares have traded compared to average volume of 1,433,471 shares. Click Here to get the full Stock Report for Rackspace Technology, Inc. stock.

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