Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Richtech Robotics Inc (NASDAQ: RR) closed the day trading at $2.12 down -24.56% from the previous closing price of $2.81. In other words, the price has decreased by -$24.56 from its previous closing price. On the day, 25.26 million shares were traded. RR stock price reached its highest trading level at $2.5834 during the session, while it also had its lowest trading level at $1.97.
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 268097312 and an Enterprise Value of 161812720. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.20 while its Price-to-Book (P/B) ratio in mrq is 16.27. Its current Enterprise Value per Revenue stands at 17.762 whereas that against EBITDA is -123.333.
Stock Price History:
The Beta on a monthly basis for RR is -8.97, which has changed by -0.62382865 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. 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 61.58%, while the 200-Day Moving Average is calculated to be 78.57%.
Shares Statistics:
Over the past 3-months, RR traded about 12.36M shares per day on average, while over the past 10 days, RR traded about 41158960 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 1734048000 were 2984403 with a Short Ratio of 0.41, compared to 1731628800 on 2643087. Therefore, it implies a Short% of Shares Outstanding of 2984403 and a Short% of Float of 5.5.
