Ritter Pharmaceuticals Inc.[RTTR] stock saw a move by 0.00% on Wednesday, touching 1.96 million. Based on the recent volume, Ritter Pharmaceuticals Inc. stock traders appear to be active. The most recent trading volume of RTTR shares recorded 10.05M shares, which represents the daily volume of traded shares. Analysts estimates state that Ritter Pharmaceuticals Inc. [RTTR] stock could reach median target price of $7.00.
Ritter Pharmaceuticals Inc. [RTTR] stock additionally went up by 64.02% in the period of the 7 days, recording a gain in performance by 51.22% in the last 30 days. The yearly more of RTTR stock is set at -66.31% by far, with shares price recording returns by 90.65% in the latest quarter. Over the past six months, RTTR shares showcased 23.26% increase. RTTR saw 1.27 change opposing the low price in the last 12 months, also recording 0.15 compared to high within the same period of time.
Ritter Pharmaceuticals Inc. [NASDAQ:RTTR]: Analyst Rating and Earnings
Pro stock market traders often keep their attention pointed at what top market analysts have to say regarding a potential equity investment. For Ritter Pharmaceuticals Inc. [RTTR] currently, the latest-available mean analyst rating is for the fiscal quarter that will end in 9/29/2019. On average, stock market experts give RTTR an Hold rating. The average 12-month price forecast for this stock is $0.31, with the high estimate being $7.00, the low estimate being $7.00 and the median estimate amounting to $7.00. This is compared to its latest closing price of $0.31.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Ritter Pharmaceuticals Inc. [RTTR] is sitting at 0.00. This is compared to 1 month ago, when its average rating was 0.00.
Keep your eyes peeled for this company’s upcoming financial results publication, which is slated for 03/25/2020.
Fundamental Analysis of Ritter Pharmaceuticals Inc. [RTTR]
This company’s Return on Total Capital is -115.18, and its Return on Invested Capital has reached -114.32. Its Return on Assets is -234.20%.
What about valuation? This company’s Enterprise Value to EBITDA is 0.54. Ritter Pharmaceuticals Inc. [RTTR] has a Price to Book Ratio of 2.76.
Ritter Pharmaceuticals Inc. [RTTR] has 10.05M shares outstanding, amounting to a total market cap of 3.12M. Its stock price has been found in the range of 0.15 to 1.27. At its current price, it has moved down by -75.59% from its 52-week high, and it has moved up 106.67% from its 52-week low.
This stock’s Beta value is currently -0.15, which indicates that it is 54.23% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 51.12. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Ritter Pharmaceuticals Inc. [RTTR] a Reliable Buy?
Shares of Ritter Pharmaceuticals Inc. [RTTR], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.