Richtech Robotics Inc (NASDAQ: RR) is -17.96% lower on its value in year-to-date trading and has touched a low of $0.30 and a high of $5.20 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 $2.47 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $2.21, the stock is -17.23% and -10.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.23 million and changing -10.32% at the moment leaves the stock 62.69% off its SMA200. RR registered 28.03% gain for a year compared to 6-month gain of 67.80%.
The stock witnessed a -31.42% loss in the last 1 month and extending the period to 3 months gives it a 301.12%, and is -27.14% 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 11.27% over the week and 13.91% over the month.
Richtech Robotics Inc (RR) has around 57 employees, a market worth around $253.63M and $4.39M in sales. Profit margin for the company is -203.62%. Distance from 52-week low is 632.96% and -57.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.75%).
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Richtech Robotics Inc (RR) Top Institutional Holders
The shares outstanding are 67.62M, and float is at 47.13M with Short Float at 21.93%.
Richtech Robotics Inc (RR) Insider Activity
The most recent transaction is an insider sale by King Bliss Ltd,the company’s10% 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.
