For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Reitar Logtech Holdings Ltd’s stock clocked out at $1.65, down -2.37% from its previous closing price of $1.69. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 1.14 million shares were traded. RITR stock price reached its highest trading level at $1.75 during the session, while it also had its lowest trading level at $1.55.
Ratios:
To gain a deeper understanding of RITR’s stock, we examine 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 103043736 and an Enterprise Value of 158476288. As of this moment, Reitar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 103.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 4.92. Its current Enterprise Value per Revenue stands at 0.419 whereas that against EBITDA is 12.757.
Stock Price History:
The Beta on a monthly basis for RITR is 0.53, which has changed by -0.77792734 over the last 52 weeks, in comparison to a change of 0.13837254 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 -61.73%, while the 200-Day Moving Average is calculated to be -57.72%.
Shares Statistics:
It appears that RITR traded 914.12K shares on average per day over the past three months and 1131900 shares per day over the past ten days. 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 0.37, compared to 1756425600 on 130566. Therefore, it implies a Short% of Shares Outstanding of 340859 and a Short% of Float of 1.97.
