May 26, 2022

Stock in News Spotlight: Rambus Inc. (NASDAQ:RMBS)

Rambus Inc. (NASDAQ:RMBS) stock experienced trading -29.21% off 52-week high price. On the other end, the stock has been noted 33.41% away from low price over the last 52-weeks. The stock disclosed a move of -11.52% away from 50 day moving average and -8.79% away from 200 day moving average. Moving closer, we can see that shares have been trading 11.00% off 20-day moving average. It has market cap of $1.40B.

On April 6, 2020, Rambus Inc. (NASDAQ:RMBS) a premier silicon IP and chip provider making data faster and safer, revealed that it will hold a conference call on May 4, 2020 at 2:00 p.m. Pacific Time to discuss its first quarter fiscal year 2020 results.

About Rambus Inc.

Rambus is a premier Silicon IP and chip provider that makes data faster and safer. With 30 years of innovation, we continue to develop the foundational technology for all modern computing systems. Leveraging our semiconductor expertise, Rambus solutions speed performance, expand capacity and improve security for ‘s most demanding applications. From data center and edge to artificial intelligence and automotive, our interface and security IP, and memory interface chips enable SoC and system designers to deliver their vision of the future.

The USA based company Rambus Inc. moved with change of 10.38% to $12.02 with the total traded volume of 973607 shares in recent session versus to an average volume of 978.48K. The stock was observed in the 5 days activity at 5.25%. The one month performance of stock was -7.96%. RMBS’s shares are at -11.94% for the quarter and driving a 10.58% return over the course of the past year and is now at -12.74% since this point in 2018.  Right now the stock beta is 0.87. The average volatility for the week and month was at 6.72% and 9.67% respectively. There are 116.19M shares outstanding and 112.24M shares are floated in market.

Shawn Harris is a Master’s in Business Administration by education. After completing his post-graduation, Shawn jumped the journalism bandwagon as a freelance journalist. Soon after that he landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor. As an avid day trader, Shawn is a master of technical analysis and writes tirelessly on how stocks are trading. He has extensive knowledge in technical analysis & news writing.