RigNet Inc. is a RigNet Inc operates as a technology company that provides customized communications services, applications, real-time machine learning, and cybersecurity solutions.
RigNet Inc. (RNET) had a rough trading day for Friday November 06 as shares tumbled 9.76%, or a loss of $-0.41 per share, to close at $3.79. After opening the day at $4.03, shares of RigNet Inc. traded as high as $4.10 and as low as $3.70. Volume was 166,911 shares over 1,180 trades, against an average daily volume of n/a shares and a total float of 20.55 million.
As a result of the decline, RigNet Inc. now has a market cap of $77.9 million. In the last year, shares of RigNet Inc. have traded between a range of $6.91 and $0.77, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
RigNet Inc operates as a technology company that provides customized communications services, applications, real-time machine learning, and cybersecurity solutions. It operates through the following segments: The Managed Communications Services segment provides remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites; The Applications and Internet-of-Things segment focuses on the applications over-the-top of the Managed Services segment including Supervisory Control and Data Acquisition (SCADA) and Software as a Service (SaaS); The Systems Integration segment gives design and implementation services for customer telecommunications systems.
RigNet Inc. is based out of Houston, TX and has some 625 employees. Its CEO is Steven E. Pickett.