In order to predict future stock performance, Wall Street analysts look at volume trends and price movements. Recent price fluctuations for shares of Red Hat Inc (NYSE:RHT) have got the investing community taking a second look.

Scoping out Technical Indicators for Red Hat Inc (RHT)

Hourly moving averages for RHT indicate a Strong Sell, while hourly technical indicators suggest a Strong Sell.

To forecast which direction a stock’s price is moving, analysts usually consider technical indicators. These values are the result of formulas being applied to pricing data over a specified time period. One of these technical indicators is the Relative Strength Index (RSI), which currently stands at 24.859 for Red Hat Inc  over the last 14 days – indicating a Oversold. Meanwhile, the price rate of change (ROC) is currently -2.103, indicating a Sell.

The 14-day Commodity Channel Index (CCI) for company is -169.1254, indicating a Sell. The 14-day Average Directional Index (ADX), which measures the strength of a trend, is at 51.064 – indicating a Sell.

The Stochastic (9,6) value for RHT is 32.625, signaling that the stock is currently Sell. The Stochastic RSI (14) is currently at 0.000, indicating that stock is Oversold.

Similarly, the Williams %R Value, for this stock stands at -100.000 – suggesting that the shares are Oversold. The Ultimate Oscillator value for this stock is currently 35.113, indicating that it has become Sell.

At the same time, the volatility-measuring Average True Range (ATR) for this stock is 0.5007, suggesting Less Volatility.

Red Hat Inc (RHT) Valuation Ratios and Profitability

Wall Street experts take a number of valuation ratios into consideration when they evaluate a potential stock, then compare the ratios against the industry-wide numbers. The Price to Sales ratio, for example, is 7.69 for Red Hat Inc (NYSE:RHT), while the industry Price to Sales ratio is currently 9.02. The Price to Book ratio for this stock is 14.89, compared to the industry Price to Book ratio of 6.12. Meanwhile, the Price to Tangible Book ratio for this stock stands at 132.78, compared to 17.37 for the industry.

Profitability metrics can also be compared, like the Trailing Twelve Month (TTM) Gross Margin for RHT, which is 85.19% compared to the industry’s 66.15%. Similarly, this company’s TTM Operating Margin is currently 15.66%, while industry’s as a whole is 12.04%.

Understanding Per Share Data and Efficiency

This publicly-traded company’s Revenue/Share ratio is 15.17, compared to 12.41 for the industry overall. Similarly, this stock’s Cash/Share ratio currently stands at 9.7, while the industry’s as a whole is 9.24.

The industry-wide Asset Turnover is 0.55, while that of Red Hat Inc (NYSE:RHT) is currently 0.63. The industry-wide Receivable Turnover is 8.21, with this company’s standing at 5.79.