In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Richtech Robotics Inc (NASDAQ: RR) closed the day trading at $2.21 down -10.32% from the previous closing price of $2.47. In other words, the price has decreased by -$10.32 from its previous closing price. On the day, 11.23 million shares were traded.
Ratios:
For a better understanding of RR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 38.33 and its Current Ratio is at 39.74. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 08 ’24 when King Bliss Ltd sold 2,200,000 shares for $0.34 per share. The transaction valued at 756,360 led to the insider holds 1,734,846 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 57.77 while its Price-to-Book (P/B) ratio in mrq is 4.78.
Stock Price History:
Over the past 52 weeks, RR has reached a high of $5.20, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -10.35%, while the 200-Day Moving Average is calculated to be 62.69%.
Shares Statistics:
A total of 67.62M shares are outstanding, with a floating share count of 47.13M. Insiders hold about 50.60% of the company’s shares, while institutions hold 3.23% stake in the company.
