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After finishing at $1.21 in the prior trading day, Reitar Logtech Holdings Ltd (NASDAQ: RITR) closed at $0.94, down -22.72%. In other words, the price has decreased by -$22.72 from its previous closing price. On the day, 0.61 million shares were traded. RITR stock price reached its highest trading level at $1.2 during the session, while it also had its lowest trading level at $0.91.
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 58397700 and an Enterprise Value of 113835248. As of this moment, Reitar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at 0.301 whereas that against EBITDA is 9.163.
Stock Price History:
The Beta on a monthly basis for RITR is -0.04, which has changed by -0.70343137 over the last 52 weeks, in comparison to a change of 0.09654534 over the same period for the S&P500. Over the past 52 weeks, RITR has reached a high of $8.37, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -66.04%, while the 200-Day Moving Average is calculated to be -74.36%.
Shares Statistics:
The stock has traded on average 1.22M shares per day over the past 3-months and 304410 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 17.29M. Insiders hold about 72.31% of the company’s shares, while institutions hold 0.38% stake in the company. Shares short for RITR as of 1761868800 were 359945 with a Short Ratio of 0.30, compared to 1759190400 on 340859. Therefore, it implies a Short% of Shares Outstanding of 359945 and a Short% of Float of 2.08.
