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After finishing at $1.95 in the prior trading day, Reitar Logtech Holdings Ltd (NASDAQ: RITR) closed at $1.78, down -8.72%. In other words, the price has decreased by -$8.72 from its previous closing price. On the day, 1.2 million shares were traded. RITR stock price reached its highest trading level at $2.16 during the session, while it also had its lowest trading level at $1.7402.
Ratios:
Our goal is to gain a better understanding of RITR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RITR now has a Market Capitalization of 111162336 and an Enterprise Value of 166593968. As of this moment, Reitar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 111.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 5.30. Its current Enterprise Value per Revenue stands at 0.441 whereas that against EBITDA is 13.41.
Stock Price History:
The Beta on a monthly basis for RITR is -0.29, which has changed by -0.59728503 over the last 52 weeks, in comparison to a change of 0.118204355 over the same period for the S&P500. Over the past 52 weeks, RITR has reached a high of $8.75, while it has fallen to a 52-week low of $1.48. The 50-Day Moving Average of the stock is -60.90%, while the 200-Day Moving Average is calculated to be -55.06%.
Shares Statistics:
The stock has traded on average 870.54K shares per day over the past 3-months and 2166960 shares per day over the last 10 days, according to various share statistics. A total of 45.63M shares are outstanding, with a floating share count of 14.93M. Insiders hold about 76.09% of the company’s shares, while institutions hold 0.15% stake in the company. Shares short for RITR as of 1759190400 were 340859 with a Short Ratio of 0.39, compared to 1756425600 on 130566. Therefore, it implies a Short% of Shares Outstanding of 340859 and a Short% of Float of 1.97.
