RH (RH) had a rough trading day for Friday March 29 as
shares
tumbled 21.97%, or a loss of $-28.98 per share, to close at $102.95. After opening the day at $112.77, shares of RH traded as high as $114.50 and as
low as $102.19. Volume was 13.22 million shares over 95,780 trades, against an average daily volume of n/a shares and a total float of 21.22 million.
As a result of the decline, RH now has a market cap of $2.18 billion. In the last
year, shares of RH have traded between a range of $164.49 and $84.19, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
For a complete fundamental analysis of RH, check out Equities.com’s Stock Valuation Analysis report for
RH.
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RH is a luxury retailer operating in the $116 billion furniture and home furnishing industry. The company offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and more. RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). The company is fully integrated across store, Web, and catalog channels, with around 45% of sales from the direct-to-consumer channel.
RH is based out of Corte Madera, CA and has some 5,200 employees. Its CEO is Gary G. Friedman.
RH is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an
industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.
To get more information on RH and to follow the company’s latest updates, you can visit the company’s profile page here:
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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