Market Watch Highlights: Retractable Technologies Inc (RVP) Ends on an Downturn Note at 0.78

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As of close of business last night, Retractable Technologies Inc’s stock clocked out at $0.78, down -13.33% from its previous closing price of $0.90. In other words, the price has decreased by -$13.33 from its previous closing price. On the day, 0.86 million shares were traded. RVP stock price reached its highest trading level at $0.9 during the session, while it also had its lowest trading level at $0.7101.

Ratios:

To gain a deeper understanding of RVP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.39. For the most recent quarter (mrq), Quick Ratio is recorded 6.54 and its Current Ratio is at 9.51. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 19 ’24 when SHAW THOMAS J bought 27,710 shares for $0.89 per share. The transaction valued at 24,576 led to the insider holds 14,672,485 shares of the business.

SHAW THOMAS J bought 1,180 shares of RVP for $1,051 on Sep 18 ’24. The PRESIDENT AND CEO now owns 14,644,775 shares after completing the transaction at $0.89 per share. On Sep 16 ’24, another insider, SHAW THOMAS J, who serves as the PRESIDENT AND CEO of the company, bought 450 shares for $0.90 each. As a result, the insider paid 404 and bolstered with 14,643,595 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RVP now has a Market Capitalization of 23324072 and an Enterprise Value of -16961534. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at -0.443 whereas that against EBITDA is 3.362.

Stock Price History:

Over the past 52 weeks, RVP has reached a high of $1.34, while it has fallen to a 52-week low of $0.87. The 50-Day Moving Average of the stock is -23.57%, while the 200-Day Moving Average is calculated to be -29.91%.

Shares Statistics:

It appears that RVP traded 73.17K shares on average per day over the past three months and 140190 shares per day over the past ten days. A total of 29.94M shares are outstanding, with a floating share count of 13.39M. Insiders hold about 55.26% of the company’s shares, while institutions hold 7.65% stake in the company. Shares short for RVP as of 1724976000 were 38215 with a Short Ratio of 0.52, compared to 1722384000 on 34643. Therefore, it implies a Short% of Shares Outstanding of 38215 and a Short% of Float of 0.27999999999999997.

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