Rackspace Technology (NASDAQ: RXT) Earns APN Migration Partner of the Year Award

Rackspace Technology, Inc. (NASDAQ: RXT) disclosed Wednesday that it has won the APN Migration Partner of the Year Award for Ireland & the UK. APN Migration Partner Award is given to those companies which are the important member of Amazon Web Services (AWS) Partner Network & aid customers to develop solutions on AWS.

The firm has boosted its relationship with AWS and assisted almost 300 customers to move to AWS. Rackspace Technology is continuously striving to enhance the value thanks to its collaboration with AWS. RXT has lately introduced Migration Accelerator.

Rackspace Technology, Inc. (RXT) has seen some recent action in the market and its stock closed at $15.83 yesterday. People are starting to take interest in RXT as the stock traded as high as $16.28 and as low as $15.64 in the last market session.

Rackspace Technology, Inc. (RXT) average trading volume is 1.91M. However, in the last market session Rackspace Technology, Inc. (RXT) exchanged 980,334 shares. The 1st downside support level on RXT is $0.00 and the 1st resistance level on RXT is $21.45. RXT 50-day moving average is $17.38 and RXT 200day moving average is $17.83.

Rackspace Technology, Inc. (RXT) recent performance has been specified by the recent movement in RXT stock. RXT has performed -6.83% over the past 30 days, RXT has performed -13.26% over the past 90 days and RXT has shown – over the past 1 year. Rackspace Technology, Inc. (RXT) has a 12 month range of $15.25 to $22.75. Rackspace Technology, Inc. (RXT) is trading 3.80% from its 12 month low and -30.42% from its 12 month high. Rackspace Technology, Inc. (RXT) is indicating a 14.97% short float indicating the sum short in the float.

RXT has 186.70M shares outstanding and 44.01M shares in the float. Rackspace Technology, Inc. (RXT) currently has a market cap of $3.28B and an income of -228.80M. The EPS next quarter for RXT is 0.23 and the projected EPS next year is 45.28%. The market cap of Rackspace Technology, Inc. (RXT) at $3.28B signifies how many People own shares of RXT and is calculated off the last price ($15.83) of RXT and the sum of shares outstanding (186.70M) with Rackspace Technology, Inc. (RXT).

Rackspace Technology, Inc. (RXT) has aggregate cash (mrq) of 253.2M, aggregate cash per share (mrq) of 1.26, aggregate debt of RXT rests at 4.16B and aggregate debt/equity (mrq) is 298.73. Rackspace Technology, Inc. (RXT) operational cash flow (ttm) is 233.9M.

RXT is trading -4.66% below (bearish) its SMA20, -10.60% below (bearish) its SMA50 and -11.23% below (bearish) its SMA200.

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