RHT $176.00 0.00 (0.00%)
Tue, Dec 18, 2018
Red Hat Inc is a Technology stock that trades on the NYSE with a market cap of $31.17 Billion
Red Hat provides services for its version of the open-source (free from licensing costs) Linux software operating systems, middleware, storage, virtualization, and management tools. The company reports revenue through two categories: subscriptions, and training and services. The Americas contributed approximately 64% of total revenue in fiscal 2018; Europe, the Middle East, and Africa contributed 23%; and Asia-Pacific contributed 14%. http://www.redhat.com
Red Hat Inc Stock Charts
The 5 year and 1 year stock charts are below.
50 Day Moving Average
The 50 Day Moving Average is at $158.80 which is 10.83% below the stock price of $176.00.
200 Day Moving Average
The 200 Day Moving Average is at 153.37 which is 14.76% belowthe stock price of $176.00.
Because both the 50 DMA and 200 DMA are below the current stock price, this can be considered a bullish technical indicator.
Since the stock price is very far from both moving averages, a price retracement towards the moving averages should not be unexpected.
RHT Stock Price
Below are a few key dates for the stock price.
Year To Date
The most recent stock price is $176.00.
The Year To Date (YTD) return is +45.41%.
52 Week Low
The 52 Week Low stock price is $116.68 set on Fri, Oct 26, 2018 which is 54 days ago.
The current price per share is 50.84% above the 52 week low.
52 Week High
The 52 Week High stock price is $178.56 set on Fri, Nov 30, 2018 which is 19 days ago.
The current price per share is -1.43% below the 52 week high.
All Time High
The All Time High stock price is $178.56 set on Fri, Nov 30, 2018 which is 19 days ago.
The current price per share is -1.43% below the all time high.
RHT Stock Split History
Red Hat Inc has had 1 stock splits.
|Split Date||Split Ratio|
|Mon, Jan 10, 2000||1 to 2|
Below is the EPS, P/E Ratio and Earnings Date.
The Earnings Per Share (EPS) is $0.49.
The Price To Earnings (P/E) Ratio is 116.33.
Red Hat Inc has a relatively high price to earnings ratio compared to the overal S&P 500 average, which is about 25%.
Some investors look for very low p/e stocks with the hopes of investing in an undervalued stock. Of course, this is just one factor to consider.
Stocks can make big percentage moves on the earnings announcement.
Companies announce earnings either before the market open or after the close.
The Earnings Release Date for Red Hat Inc was Wed, Sep 19, 2018.
Since this earnings release 91 days ago, the stock price is up by +23.33%.
Many investors know the importance of a companies earnings report. Also, the market reaction to the earnings release can be even more important and can help in making a prediction of a future price forecast of the shares.
A significant post earnings announcement percentage move can continue or reverse an existing trend for several days or weeks after the earnings date.
The most recent Earnings Release Date was on Mon, Dec 17, 2018, which was 2 days ago.
Since this earnings date, the stock price is down by -0.28%.
Red Hat Inc Dividend
Below is important Dividend information.
RHT currently does not pay a dividend.
You may like this list of best dividend stocks of 2018.
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