RealNetworks, Inc. (RNWK) Stock: A Technology Stock That’s Climbing

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RealNetworks, Inc. (RNWK) is gaining in the market today. The stock, one that is focused on the tech industry, is currently trading at $2.05 after a move up of 10.22% so far in today’s session. In terms of tech stocks, there are a number of factors that have the potential to generate movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines associated with RNWK:

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May-10-19 11:39PM Edited Transcript of RNWK earnings conference call or presentation 2-May-19 8:30pm GMT
May-02-19 05:59PM RealNetworks: 1Q Earnings Snapshot
04:01PM RealNetworks Announces First Quarter 2019 Financial Results
May-01-19 09:00AM RealNetworks Appoints Jay Burrell as Chief Revenue Officer for Computer Vision
Apr-23-19 10:24AM Should You Worry About RealNetworks, Inc.’s (NASDAQ:RNWK) CEO Pay?

However, when making an investing decision, prospective investors should take a look at far more than news, especially in the ever changing technology industry. Here’s what’s happening with RealNetworks, Inc..

Performance Trends That We’ve Seen From RNWK

Although a move up on a single session, like the gain that we’re seeing from RealNetworks, Inc. might lead to excitement in some investors, that alone should not be the reason for a decision to, or not to, invest in a stock. It is always important to look into trends just a single trading day. In the case of RNWK, below are the returns on investment that we’ve seen:

  • Past 5 Sessions – In the past 5 trading sessions, RNWK has generated a price change in the amount of -0.49%.
  • Past Month – The monthly returns from RealNetworks, Inc. works out to -23.22%.
  • Past Quarter – In the past three months, the company has produced a return on investment that works out to -34.29%
  • Past Six Months – Throughout the last six months, investors have seen a change of -6.82% from the stock.
  • Year To Date – Since the close of last year RNWK has produced a ROI of -11.26%.
  • Annually – Lastly, over the last full year, we have seen a change that comes to -42.42% out of RNWK. Throughout this period of time, the stock has sold at a high of -47.57% and a low of 13.89%.

Ratios Of Note

Looking at various key ratios associated with a stock generally gives prospective investors a look of just how risky and/or potentially profitable a pick may be. Here are a few of the important ratios to think about when digging into RNWK.

Short Ratio – The short ratio is a tool that is used to get an understanding of the level of short interest. The higher this ratio, the more investors are expecting that the value of the stock is going to fall. Across the sector, strong technology stocks can come with a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the space. Nonetheless, with regard to RealNetworks, Inc., the stock’s short ratio comes to 21.19.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Basically, they measure the company’s abilities to pay for its debts as they mature based on current assets or quick assets. Because in tech, several companies are heavily reliant on the continuation of investor support as they work to bring new technologies to market, the quick and current ratios can seem damning. Nonetheless, quite a few gems in the tech space do have great current and quick ratios. As it relates to RNWK, the quick and current ratios come to 0.70 and 0.70 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the current book value of assets owned by the company. In this case, the book to share value ratio works out to 1.54.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of shares. In this case, the cash to share value ratio is 1.07.

Is Big Money Interested In RealNetworks, Inc.

An interesting fact that I’ve come to understand in my brief time here is that smart investors tend to follow the moves made by big money. That is to say, investors that are looking to play it relatively safe will follow investments made by institutions as well as insiders of the company. So, where is the big money in regard to RNWK? Here’s what’s going on:

  • Institutions – Currently, institutional investors hold 46.60% of RNWK. Nonetheless, it is important to note that institutional ownership has moved in the amount of -5.33% throughout the last 3 months.
  • Insider Moves – When it comes to insiders, those close to the situation currently hold 34.20% of RealNetworks, Inc.. Their ownership of the company has changed in the amount of -0.19% throughout the past quarter.

How Analysts Feel About RealNetworks, Inc.

Although it’s not a good idea to unknowingly follow the opinions of analysts, it is a good idea to consider their opinions to validate your own opinions before making investment decisions in the technology industry. Here are the most recent moves that we have seen from analysts with regard to RNWK.

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Feb-13-12 Upgrade Brigantine Hold → Buy $8.50 → $12.50
Nov-04-11 Downgrade Brigantine Buy → Hold $8.50

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, RNWK has generated revenue in the amount of $-19.50% with earnings coming in at 16.70%. On a quarter over quarter basis, earnings have seen movement of 123.20% and revenue has seen movement of 100.50%.

A Look At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 34.44M shares of RealNetworks, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, RNWK has a float of 23.22M.

I also like to follow the short percent. Think about it, if a large portion of the float available for trading is shorted, the overall feeling among investors is that the company is going to lose value. As far as it relates to RNWK, the percentage of the float that is sold short comes to a total of 3.87%. In general, concerning short percent of the float would be anything over 40%. Through my work, I’ve seen that a short ratio over 26% is likely a a play that could prove to be very risky.

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