Rain Enhancement Technologies Stock Today
RAIN ENHANCEMENT is selling at 1.41 as of the 2nd of February 2025; that is 0.7 percent down since the beginning of the trading day. The stock's open price was 1.42. The performance scores are derived for the period starting the 3rd of January 2025 and ending today, the 2nd of February 2025. Click here to learn more.
Valuation
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RAIN Stock Highlights
Old Name | Rain Enhancement Technologies Holdco, Inc. Class A Common Stock |
Business Concentration | Machinery, Aerospace & Defense, Industrials, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors) |
RAIN ENHANCEMENT TECHNOLOGIES (RAIN) is traded on NASDAQ Exchange in USA. It is located in 8000 Jarvis Avenue, Newark, CA, United States, 94560 and employs 63 people. RAIN ENHANCEMENT is listed under Machinery category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 44.01 M. RAIN ENHANCEMENT TEC conducts business under Biotechnology sector and is part of Health Care industry. The entity has 27.58 M outstanding shares of which 661.11 K shares are at this time shorted by private and institutional investors with about 1.9 trading days to cover.
RAIN ENHANCEMENT TECHNOLOGIES currently holds about 90.73 M in cash with (65.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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RAIN Stock Against Markets
RAIN ENHANCEMENT Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with RAIN ENHANCEMENT stock to make a market-neutral strategy. Peer analysis of RAIN ENHANCEMENT could also be used in its relative valuation, which is a method of valuing RAIN ENHANCEMENT by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
RAIN ENHANCEMENT Corporate Management
Josephine Bruce | Principal officer | Profile | |
Richard Bryce | Ex Officer | Profile | |
Vijaya Tirunagaru | Senior Research | Profile | |
Lucio Tozzi | VP Operations | Profile | |
Nora MD | MD Development | Profile | |
Nelson Cabatuan | Sr Admin | Profile | |
Avanish MBA | CEO CoFounder | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RAIN ENHANCEMENT. If investors know RAIN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RAIN ENHANCEMENT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of RAIN ENHANCEMENT TEC is measured differently than its book value, which is the value of RAIN that is recorded on the company's balance sheet. Investors also form their own opinion of RAIN ENHANCEMENT's value that differs from its market value or its book value, called intrinsic value, which is RAIN ENHANCEMENT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RAIN ENHANCEMENT's market value can be influenced by many factors that don't directly affect RAIN ENHANCEMENT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RAIN ENHANCEMENT's value and its price as these two are different measures arrived at by different means. Investors typically determine if RAIN ENHANCEMENT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RAIN ENHANCEMENT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.