Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Richtech Robotics Inc (NASDAQ: RR) was $2.71 for the day, down -9.97% from the previous closing price of $3.01. In other words, the price has decreased by -$9.97 from its previous closing price. On the day, 13.56 million shares were traded. RR stock price reached its highest trading level at $3.03 during the session, while it also had its lowest trading level at $2.7.
Ratios:
Our analysis of RR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 70.11 and its Current Ratio is at 72.63. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RR now has a Market Capitalization of 305381760 and an Enterprise Value of 199856048. For the stock, the TTM Price-to-Sale (P/S) ratio is 72.02 while its Price-to-Book (P/B) ratio in mrq is 6.09. Its current Enterprise Value per Revenue stands at 21.938 whereas that against EBITDA is -152.329.
Stock Price History:
The Beta on a monthly basis for RR is -9.83, which has changed by 0.5677084 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. 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 22.72%, while the 200-Day Moving Average is calculated to be 105.83%.
Shares Statistics:
RR traded an average of 18.85M shares per day over the past three months and 16451960 shares per day over the past ten days. A total of 53.80M shares are outstanding, with a floating share count of 44.95M. Insiders hold about 52.88% of the company’s shares, while institutions hold 1.76% stake in the company. Shares short for RR as of 1735603200 were 5038604 with a Short Ratio of 0.45, compared to 1732838400 on 2319291. Therefore, it implies a Short% of Shares Outstanding of 5038604 and a Short% of Float of 9.28.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
