The price of RDI is predicted to go up 6.45%, based on the high correlation periods with TOVX. The similarity of these two price pattern on the periods is 95.9%.
RDI
TOVX
Up: 6.45%Similarity: 95.9%
RDI Revenue Forecast
RDI EPS Forecast
RDI FAQs
What is bull’s view on RDI?
RDI stock has a bearish outlook due to its poor financial performance. The company reported a Q2 2024 EPS of -$0.42, significantly missing the analyst estimate of -$0.18, and revenue of $46.81M, which was 18.32% below expectations. With weak fundamentals and no immediate catalysts, the stock may face further downside pressure.
What is bear's view on RDI?
RDI stock is bearish due to its weak financial performance. The company reported a Q2 2024 EPS of -$0.42, significantly missing the estimate of -$0.18, and revenue of $46.81M, which was 18.32% below expectations. This underperformance reflects operational challenges and declining investor confidence.
What is RDI revenue forecast for next quarter?
The market consensus for RDI's revenue in the upcoming quarter is projected to be approximately $53.792M USD.