In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
After finishing at $3.04 in the prior trading day, Richtech Robotics Inc (NASDAQ: RR) closed at $2.75, down -9.54%. In other words, the price has decreased by -$9.54 from its previous closing price. On the day, 15.83 million shares were traded. RR stock price reached its highest trading level at $2.95 during the session, while it also had its lowest trading level at $2.67.
Ratios:
Our goal is to gain a better understanding of RR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 38.33 and its Current Ratio is at 39.74. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 309889248 and an Enterprise Value of 279696384. For the stock, the TTM Price-to-Sale (P/S) ratio is 59.77 while its Price-to-Book (P/B) ratio in mrq is 5.93. Its current Enterprise Value per Revenue stands at 63.698 whereas that against EBITDA is -34.454.
Stock Price History:
The Beta on a monthly basis for RR is -9.92, which has changed by 0.5895953 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, RR has reached a high of $5.20, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 17.76%, while the 200-Day Moving Average is calculated to be 105.30%.
Shares Statistics:
The stock has traded on average 19.56M shares per day over the past 3-months and 17568840 shares per day over the last 10 days, according to various share statistics. A total of 67.62M shares are outstanding, with a floating share count of 47.13M. Insiders hold about 50.60% of the company’s shares, while institutions hold 3.23% stake in the company. Shares short for RR as of 1738281600 were 10336446 with a Short Ratio of 0.53, compared to 1735603200 on 5038604. Therefore, it implies a Short% of Shares Outstanding of 10336446 and a Short% of Float of 14.64.
