For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Richtech Robotics Inc (NASDAQ: RR) closed the day trading at $2.60 up 22.64% from the previous closing price of $2.12. In other words, the price has increased by $22.64 from its previous closing price. On the day, 55.78 million shares were traded. RR stock price reached its highest trading level at $3.26 during the session, while it also had its lowest trading level at $2.3.
Ratios:
For a better understanding of RR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.17 and its Current Ratio is at 3.27. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.05.
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:
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 248061040 and an Enterprise Value of 199856048. For the stock, the TTM Price-to-Sale (P/S) ratio is 27.23 while its Price-to-Book (P/B) ratio in mrq is 19.96. Its current Enterprise Value per Revenue stands at 21.938 whereas that against EBITDA is -152.329.
Stock Price History:
Over the past 52 weeks, RR has reached a high of $12.29, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 92.60%, while the 200-Day Moving Average is calculated to be 117.97%.
Shares Statistics:
Over the past 3-months, RR traded about 12.75M shares per day on average, while over the past 10 days, RR traded about 38554270 shares per day. A total of 95.41M shares are outstanding, with a floating share count of 44.95M. Insiders hold about 52.88% of the company’s shares, while institutions hold 1.61% stake in the company. Shares short for RR as of 1735603200 were 5038604 with a Short Ratio of 0.40, compared to 1732838400 on 2319291. Therefore, it implies a Short% of Shares Outstanding of 5038604 and a Short% of Float of 9.28.