Market Highlights: Richtech Robotics Inc (RR) Ends on a Low Note at 0.56

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The price of Richtech Robotics Inc (NASDAQ: RR) closed at $0.56 in the last session, down -3.45% from day before closing price of $0.59. In other words, the price has decreased by -$3.45 from its previous closing price. On the day, 2.17 million shares were traded. RR stock price reached its highest trading level at $0.5964 during the session, while it also had its lowest trading level at $0.5206.

Ratios:

We take a closer look at RR’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 53905576 and an Enterprise Value of 38568172. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.71 while its Price-to-Book (P/B) ratio in mrq is 4.34. Its current Enterprise Value per Revenue stands at 4.234 whereas that against EBITDA is -29.396.

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 -23.95%, while the 200-Day Moving Average is calculated to be -53.16%.

Shares Statistics:

According to the various share statistics, RR traded on average about 8.90M shares per day over the past 3-months and 1815280 shares per day over the past 10 days. 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 1.44% stake in the company. Shares short for RR as of 1730332800 were 3878043 with a Short Ratio of 0.44, compared to 1727654400 on 3507172. Therefore, it implies a Short% of Shares Outstanding of 3878043 and a Short% of Float of 7.1499999999999995.

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