Market Recap: Reitar Logtech Holdings Ltd (RITR)’s Positive Momentum, Closing at 5.29

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The closing price of Reitar Logtech Holdings Ltd (NASDAQ: RITR) was $5.29 for the day, up 2.03% from the previous closing price of $5.18. In other words, the price has increased by $2.03 from its previous closing price. On the day, 0.54 million shares were traded.

Ratios:

Our analysis of RITR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

As of this moment, Reitar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.89 while its Price-to-Book (P/B) ratio in mrq is 14.18.

Stock Price History:

Over the past 52 weeks, RITR has reached a high of $8.75, while it has fallen to a 52-week low of $2.24. The 50-Day Moving Average of the stock is 48.66%, while the 200-Day Moving Average is calculated to be 28.31%.

Shares Statistics:

A total of 42.44M shares are outstanding, with a floating share count of 13.79M. Insiders hold about 77.81% of the company’s shares, while institutions hold 0.18% stake in the company.

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.

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