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Richtech Robotics Inc (RR) – key numbers that make it a Strong Buy For Now

Richtech Robotics Inc (NASDAQ: RR) is -85.79% lower on its value in year-to-date trading and has touched a low of $0.30 and a high of $12.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RR stock was last observed hovering at around $0.75 in the last trading session, with the day’s gains setting it 0.1%.

Currently trading at $0.85, the stock is 20.74% and 24.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.51 million and changing 12.72% at the moment leaves the stock -23.43% off its SMA200. RR registered -82.39% loss for a year compared to 6-month loss of -34.47%. The firm has a 50-day simple moving average (SMA 50) of $0.67882 and a 200-day simple moving average (SMA200) of $1.103945.

The stock witnessed a 39.49% gain in the last 1 month and extending the period to 3 months gives it a -7.51%, and is 4.90% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 22.19% over the week and 14.41% over the month.

Richtech Robotics Inc (RR) has around 51 employees, a market worth around $90.91M and $9.11M in sales. Profit margin for the company is -32.67%. Distance from 52-week low is 179.72% and -93.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.37%).

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Richtech Robotics Inc (RR) Top Institutional Holders

The shares outstanding are 95.41M, and float is at 44.95M with Short Float at 5.16%.

Richtech Robotics Inc (RR) Insider Activity

The most recent transaction is an insider sale by King Bliss Ltd, the company’s 10% Owner. SEC filings show that King Bliss Ltd sold 2,200,000 shares of the company’s common stock on Aug 08 ’24 at a price of $0.34 per share for a total of $0.76 million. Following the sale, the insider now owns 1.73 million shares.

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