Rapid Micro Biosystems Stock Today

RPID Stock  USD 1.11  0.03  2.78%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 48

 
High
 
Low
About Average
Rapid Micro is trading at 1.11 as of the 22nd of November 2024, a 2.78 percent increase since the beginning of the trading day. The stock's lowest day price was 1.08. Rapid Micro has 48 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Rapid Micro Biosystems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Telecommunication Services
IPO Date
15th of July 2021
Category
Healthcare
Classification
Communication Services
Rapid Micro Biosystems, Inc., a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in North America, Europe, and Asia. Rapid Micro Biosystems, Inc. The company has 37.72 M outstanding shares of which 70.42 K shares are at this time shorted by private and institutional investors with about 0.87 trading days to cover. More on Rapid Micro Biosystems

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Rapid Stock Highlights

President CEORobert Spignesi
Thematic IdeaMeasuring and Control Equipment (View all Themes)
Business ConcentrationWireless Telecommunication Services, Telecommunication Services, Communication Services, NASDAQ Composite, NASDAQ Health Care, Measuring and Control Equipment, Communication Services, Wireless Telecommunication Services, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.240.157
Way Up
Slightly volatile
Total Current Liabilities14.5 M19 M
Way Down
Slightly volatile
Non Current Liabilities Total10.8 M6.5 M
Way Up
Slightly volatile
Total Assets107 M143.5 M
Way Down
Slightly volatile
Total Current Assets123.8 M120.4 M
Fairly Up
Slightly volatile
Debt Levels
Rapid Micro can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rapid Micro's financial leverage. It provides some insight into what part of Rapid Micro's total assets is financed by creditors.
Liquidity
Rapid Micro Biosystems currently holds 7.35 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Rapid Micro Biosystems has a current ratio of 13.18, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Rapid Micro's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

2.23 Million
Rapid Micro Biosystems (RPID) is traded on NASDAQ Exchange in USA. It is located in 1001 Pawtucket Boulevard West, Lowell, MA, United States, 01854 and employs 193 people. Rapid Micro is listed under Wireless Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 46.48 M. Rapid Micro Biosystems conducts business under Wireless Telecommunication Services sector and is part of Communication Services industry. The entity has 37.72 M outstanding shares of which 70.42 K shares are at this time shorted by private and institutional investors with about 0.87 trading days to cover. Rapid Micro Biosystems currently holds about 145.1 M in cash with (45.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.46, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Rapid Micro Probability Of Bankruptcy
Ownership Allocation
Rapid Micro owns a total of 37.72 Million outstanding shares. Over half of Rapid Micro's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Rapid Ownership Details

Rapid Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
26.1 K
Morgan Stanley - Brokerage Accounts2024-06-30
20.2 K
Northern Trust Corp2024-09-30
15.6 K
Two Sigma Securities, Llc2024-06-30
11 K
Tower Research Capital Llc2024-06-30
8.3 K
Resources Management Corp /ct/ /adv2024-06-30
500
Royal Bank Of Canada2024-06-30
442
Bank Of America Corp2024-06-30
164
Ubs Group Ag2024-06-30
98.0
Bain Capital Life Sciences Investors, Llc2024-06-30
8.4 M
Kennedy Lewis Management Lp2024-09-30
4.9 M
View Rapid Micro Diagnostics

Rapid Micro Historical Income Statement

At present, Rapid Micro's Total Other Income Expense Net is projected to decrease significantly based on the last few years of reporting. View More Fundamentals

Rapid Stock Against Markets

Rapid Micro Corporate Management

John WilsonChief OfficerProfile
Michael CFAVice CommunicationsProfile
Kristine WilliamsSenior ManagementProfile
Jonathan ParisGen VPProfile
Sean CPAChief OfficerProfile
Victoria VezinaChief OfficerProfile
When determining whether Rapid Micro Biosystems is a strong investment it is important to analyze Rapid Micro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rapid Micro's future performance. For an informed investment choice regarding Rapid Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rapid Micro Biosystems. 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.
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Is Wireless Telecommunication Services 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 Rapid Micro. If investors know Rapid 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 Rapid Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.12)
Revenue Per Share
0.603
Quarterly Revenue Growth
0.237
Return On Assets
(0.25)
Return On Equity
(0.46)
The market value of Rapid Micro Biosystems is measured differently than its book value, which is the value of Rapid that is recorded on the company's balance sheet. Investors also form their own opinion of Rapid Micro's value that differs from its market value or its book value, called intrinsic value, which is Rapid Micro'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 Rapid Micro's market value can be influenced by many factors that don't directly affect Rapid Micro'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 Rapid Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rapid Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rapid Micro'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.