Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Reitar Logtech Holdings Ltd (NASDAQ: RITR) closed at $3.50 down -13.15% from its previous closing price of $4.03. In other words, the price has decreased by -$13.15 from its previous closing price. On the day, 0.62 million shares were traded. RITR stock price reached its highest trading level at $4.19 during the session, while it also had its lowest trading level at $3.04.
Ratios:
For a deeper understanding of Reitar Logtech Holdings Ltd’s stock, let’s take a closer look at its various ratios. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RITR now has a Market Capitalization of 218553296 and an Enterprise Value of 286654080. As of this moment, Reitar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.56 while its Price-to-Book (P/B) ratio in mrq is 9.39. Its current Enterprise Value per Revenue stands at 1.138 whereas that against EBITDA is 9.375.
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 $2.35. The 50-Day Moving Average of the stock is -11.71%, while the 200-Day Moving Average is calculated to be -26.41%.
Shares Statistics:
For the past three months, RITR has traded an average of 174.48K shares per day and 250570 over the past ten days. 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 0.04% stake in the company. Shares short for RITR as of 1736899200 were 24231 with a Short Ratio of 0.14, compared to 1734048000 on 25144. Therefore, it implies a Short% of Shares Outstanding of 24231 and a Short% of Float of 0.16999999999999998.
