Richtech Robotics Inc (NASDAQ: RR) is -3.70% 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 $2.12 in the last trading session, with the day’s gains setting it 0.48%.
Currently trading at $2.60, the stock is 9.37% and 92.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 55.78 million and changing 22.64% at the moment leaves the stock 117.97% off its SMA200. RR registered -67.09% loss for a year compared to 6-month loss of 128.07%. The firm has a 50-day simple moving average (SMA 50) of $1.3121 and a 200-day simple moving average (SMA200) of $1.18725.
The stock witnessed a 207.87% gain in the last 1 month and extending the period to 3 months gives it a 279.84%, and is -36.74% down 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 31.13% over the week and 36.22% over the month.
Profit margin for the company is -32.67%. Distance from 52-week low is 760.36% and -78.84% 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 11.21%.
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.
