Rambus, Inc. s trend and data analysis indicates that the stock price has dropped -6.96% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 5.92% . Looking at the past 52 week period, the stock price is down -1.49% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Rambus, Inc. has a positive value of 11.7 compared to overall market.Rambus Inc. is having a Relative Strength Index of 57.48 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Rambus, Inc. (NASDAQ:RMBS) has climbed 0.84% in the past week and advanced 5.08% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.6% and the outperformance has advanced to 3.88% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Rambus, Inc. (NASDAQ:RMBS) : On Friday heightened volatility was witnessed in Rambus, Inc. (NASDAQ:RMBS) which led to swings in the share price. The stock opened for trading at $13.06 and hit $13.29 on the upside , eventually ending the session at $13.24, with a gain of 1.07% or 0.14 points. The heightened volatility saw the trading volume jump to 1,434,067 shares. The 52-week high of the share price is $14.5 and the company has a market cap of $1,478 million. The 52-week low of the share price is at $11.13 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Rambus was Upgraded by JP Morgan to Overweight on Feb 9, 2017.
Company has reported several Insider transactions to the SEC, on Mar 15, 2017, Laura Stark (SVP, GM ESD) sold 3,810 shares at 13.10 per share price.On Feb 21, 2017, Jae Kim (SVP & GC) sold 9,845 shares at 12.65 per share price.On Feb 1, 2017, David A Shrigley (director) sold 5,000 shares at 13.76 per share price.
Rambus Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.16 EPS for the quarter. Analyst had a consensus estimate of $0.16. The company had revenue of $97.60 million for the quarter, compared to analysts expectations of $96.00 million. The companys revenue was up 27.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.
Rambus, Inc. designs, develops, licenses and markets high-speed chip-to-chip interface technology to enhance the performance and cost-effectiveness of computers, consumer electronics and other electronic systems. The company licenses semiconductor companies to manufacture and sell memory and logic integrated circuits incorporating Rambus interface technology and markets its solution to systems companies to encourage them to design Rambus interface technology into their products.