In a filing, Rush Street Interactive Inc revealed its Chief Executive Officer SCHWARTZ RICHARD TODD unloaded Company’s shares for reported $0.15 million on Apr 19 ’24. In the deal valued at $6.11 per share,23,737 shares were sold. As a result of this transaction, SCHWARTZ RICHARD TODD now holds 2,062,997 shares worth roughly $21.06 million.
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Then, Sauers Kyle sold 15,983 shares, generating $97,726 in total proceeds. Upon selling the shares at $6.11, the Chief Financial Officer now owns 550,174 shares.
Before that, STETZ MATTIAS sold 5,001 shares. Rush Street Interactive Inc shares valued at $30,578 were divested by the Chief Operating Officer at a price of $6.11 per share. As a result of the transaction, STETZ MATTIAS now holds 606,730 shares, worth roughly $6.19 million.
Needham reiterated its Rush Street Interactive Inc [RSI] rating to a Buy in a research note published on May 17, 2024; the price target was $10. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in mid April from “a Hold” to “a Buy”. JMP Securities also remained covering RSI and has decreased its forecast on March 08, 2024 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Susquehanna revised its rating on March 04, 2024. It rated RSI as “a Neutral” which previously was an “a Positive”.
Price Performance Review of RSI
On Monday, Rush Street Interactive Inc [NYSE:RSI] saw its stock fall -1.26% to $10.21. Over the last five days, the stock has lost -0.78%. Rush Street Interactive Inc shares have risen nearly 127.39% since the year began. Nevertheless, the stocks have risen 186.80% over the past one year. While a 52-week high of $10.51 was reached on 07/29/24, a 52-week low of $3.17 was recorded on 01/16/24. SMA at 50 days reached $9.25, while 200 days put it at $6.28. A total of 1.33 million shares were traded, compared to the trading of 1.38 million shares in the previous session.
Levels Of Support And Resistance For RSI Stock
The 24-hour chart illustrates a support level at 10.05, which if violated will result in even more drops to 9.89. On the upside, there is a resistance level at 10.46. A further resistance level may holdings at 10.71. The Relative Strength Index (RSI) on the 14-day chart is 59.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.75%. Stochastics%K at 85.43% indicates the stock is a selling.
