Stocks to Watch: Rapid7 Inc. (RPD) Plunges 5.95%

Rapid7 Inc. (RPD) had a rough trading day for Friday September 27 as shares tumbled 5.95%, or a loss of $-2.83 per share, to close at $44.71. After opening the day at $47.73, shares of Rapid7 Inc. traded as high as $47.73 and as low as $44.17. Volume was 1 million shares over 12,115 trades, against an average daily volume of n/a shares and a total float of 48.84 million.

As a result of the decline, Rapid7 Inc. now has a market cap of $2.18 billion. In the last year, shares of Rapid7 Inc. have traded between a range of $66.01 and $26.27, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Rapid7 Inc is a provider of security data and analytics solutions that enable organizations to implement an active approach to cyber security. The company combines security data and analytics platform that provides solutions to cyber security that enables organizations to find and eliminate critical weaknesses and detect attacks in their information technology (IT) environments. Its products include Nexpose, Metasploit, Appspider and UserInsight. The firm serves various industries including technology, energy, financial services, healthcare and life sciences, manufacturing, media, and entertainment. Geographically, it operates in the region of North America and derives revenue from maintenance and support service and by offering of other professional services.

Rapid7 Inc. is based out of Boston, MA and has some 1,246 employees. Its CEO is Corey Thomas.

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