How have the shares performed?
RealNetworks Inc. (RNWK) saw downtrend of -4.20% in the recent trading with $2.51 being its most recent. The current price level -62.31% lower than the highest price of $6.66 marked by the stock while trading over the past 52-weeks, whereas it is 124.11% higher than the lowest price of $1.12 the company dropped to over past 52-weeks. The latest news story on RNWK appeared in PR Newswire under the title “RealNetworks Announces Participation at the Summer Solstice – Best Ideas from the Buy-Side Conference” on Jun-01-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -10.36% below one month high and is +18.96% above of the lowest during that time. Looking into the simple moving average, RealNetworks Inc. (RNWK)’s stock stands at a SMA-50 of $3.12 while that of 5-day is reading $2.57.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and RNWK’s SMA-200 as of now is $2.44.
RealNetworks Inc. Earnings – What Happened With RNWK
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $15.89 billion while analysts on average were estimating the same to be $15.0 million.
RNWK – RealNetworks Inc. Stock Earnings Estimates
1 analysts covering the stock at Wall Street were agreed upon that EPS consensus.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 38.50 million. RNWK does have institutional investors; and they hold 23.90% of the stock.
RealNetworks Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 1 new insider purchases involving 66,399 shares. On the other hand, RNWK declared 40,168 shares have been sold in 3 insider transactions over the past three months.
As on Mar 30, 2021, Renaissance Technologies, LLC was the top most holder in RealNetworks Inc. (NASDAQ:RNWK) with an ownership of 1.71 million shares of the company or 3.66% of the stake worth $7.29 million. The filing also reveals Dimensional Fund Advisors LP as the second largest holder in the company with a control over 3.02% of the outstanding shares. Its stake is worth $6.02 million for having 1.42 million shares in hand.
Vanguard Group, Inc. (The) also came holding a key position in the company during the recent quarter and it now holds 2.29% of the outstanding shares. With this there are now 65 institutions which have possession in RNWK’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by RealNetworks Inc. was 2.10 while posting a debt to equity ratio of 0.00. The count was 21.09 for long-term debt to equity ratio.
Technical Analysis of RealNetworks Inc. (NASDAQ:RNWK) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for RealNetworks Inc. (RNWK), we notice that the stock’s 20-day average volume is at 883,825 shares and 50% of short term indicators are suggesting the stock as Sell. Its 50-day average volume of 1,231,158 shares. And to end with, RNWK’s 100-day average volume are 1,580,270 shares.