Market Analysts see RealNetworks Inc. [RNWK] gaining to $12.50. Time to buy?

RealNetworks Inc. [NASDAQ: RNWK] loss -17.80% or -1.07 points to close at $4.94 with a heavy trading volume of 1670091 shares. The company report on March 18, 2021 that RealNetworks Announces Inducement Awards Pursuant to NASDAQ Listing Rule 5635(c)(4).

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RealNetworks, Inc. (Nasdaq: RNWK) announced that on March 16, 2021, the Compensation Committee of the RealNetworks Board of Directors approved an equity award to one new employee under RealNetworks’ 2020 Inducement Equity Plan.

The 2020 Inducement Equity Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of RealNetworks (or following a bona fide period of non-employment), as an inducement material to such individual’s entering into employment with RealNetworks, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.

It opened the trading session at $6.01, the shares rose to $6.17 and dropped to $4.81, the range by which the price of stock traded the whole day. The daily chart for RNWK points out that the company has recorded 308.26% gains over the past six months. However, it is still -973.91% lower than its most recent low trading price.

If we look at the average trading volume of 1.58M shares, RNWK reached to a volume of 1670091 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about RealNetworks Inc. [RNWK]:

Brigantine have made an estimate for RealNetworks Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 13, 2012. The new note on the price target was released on November 04, 2011, representing the official price target for RealNetworks Inc. stock.

The Average True Range (ATR) for RealNetworks Inc. is set at 0.74, with the Price to Sales ratio for RNWK stock in the period of the last 12 months amounting to 2.60. The Price to Book ratio for the last quarter was 4.12, with the Price to Cash per share for the same quarter was set at 0.95.

Trading performance analysis for RNWK stock

RealNetworks Inc. [RNWK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.20. With this latest performance, RNWK shares dropped by -1.59% in over the last four-week period, additionally plugging by 308.26% over the last 6 months – not to mention a rise of 888.00% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RNWK stock in for the last two-week period is set at 52.14, with the RSI for the last a single of trading hit 46.48, and the three-weeks RSI is set at 55.07 for RealNetworks Inc. [RNWK]. The present Moving Average for the last 50 days of trading for this stock 3.57, while it was recorded at 5.91 for the last single week of trading, and 1.96 for the last 200 days.

RealNetworks Inc. [RNWK]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and RealNetworks Inc. [RNWK] shares currently have an operating margin of -16.30 and a Gross Margin at +75.81. RealNetworks Inc.’s Net Margin is presently recorded at -7.10.

Return on Total Capital for RNWK is now -18.22, given the latest momentum, and Return on Invested Capital for the company is -9.03. Return on Equity for this stock declined to -11.37, with Return on Assets sitting at -4.00. When it comes to the capital structure of this company, RealNetworks Inc. [RNWK] has a Total Debt to Total Equity ratio set at 28.40. Additionally, RNWK Total Debt to Total Capital is recorded at 22.12, with Total Debt to Total Assets ending up at 16.03. Long-Term Debt to Equity for the company is recorded at 21.09, with the Long-Term Debt to Total Capital now at 16.42.

Reflecting on the efficiency of the workforce at the company, RealNetworks Inc. [RNWK] managed to generate an average of -$14,862 per employee. Receivables Turnover for the company is 3.43 with a Total Asset Turnover recorded at a value of 0.56.RealNetworks Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.10.

RealNetworks Inc. [RNWK]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, RealNetworks Inc. posted -0.23/share EPS, while the average EPS was predicted by analysts to be reported at -0.39/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 41.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RNWK.

An analysis of insider ownership at RealNetworks Inc. [RNWK]

There are presently around $56 million, or 34.70% of RNWK stock, in the hands of institutional investors. The top three institutional holders of RNWK stocks are: ARIEL INVESTMENTS, LLC with ownership of 3,378,127, which is approximately -4.347% of the company’s market cap and around 1.10% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 1,734,748 shares of the stock with an approximate value of $8.57 million in RNWK stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $6.77 million in RNWK stock with ownership of nearly -3.319% of the company’s market capitalization.

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Positions in RealNetworks Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 12 institutional holders increased their position in RealNetworks Inc. [NASDAQ:RNWK] by around 1,526,143 shares. Additionally, 16 investors decreased positions by around 633,287 shares, while 9 investors held positions by with 9,135,105 shares. The mentioned changes placed institutional holdings at 11,294,535 shares, according to the latest SEC report filing. RNWK stock had 6 new institutional investments in for a total of 1,512,656 shares, while 2 institutional investors sold positions of 68,106 shares during the same period.

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