Reitar Logtech Holdings Ltd (NASDAQ: RITR) is -4.81% lower on its value in year-to-date trading and has touched a low of $2.35 and a high of $8.75 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 RITR stock was last observed hovering at around $3.15 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $3.56, the stock is -4.38% and -16.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing 13.02% at the moment leaves the stock -26.22% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $4.27792 and a 200-day simple moving average (SMA200) of $4.825406.
The stock witnessed a -18.16% in the last 1 month and extending the period to 3 months gives it a -27.95%, and is 1.71% 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 8.16% over the week and 9.59% over the month.
Reitar Logtech Holdings Ltd (RITR) has around 52 employees, a market worth around $221.15M and $32.22M in sales. Current P/E ratio is 84.56. Profit margin for the company is 7.84%. Distance from 52-week low is 51.49% and -59.31% from its 52-week high. The company has generated returns on investments over the last 12 months (19.65%).
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Reitar Logtech Holdings Ltd (RITR) Top Institutional Holders
The shares outstanding are 40.00M, and float is at 13.79M with Short Float at 0.11%.
Reitar Logtech Holdings Ltd (RITR) Insider Activity
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