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Positives for Richtech Robotics Inc (RR) as stock gains in recent trading

Richtech Robotics Inc (NASDAQ: RR) is -39.26% 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 $1.71 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $1.64, the stock is -30.97% and -36.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.61 million and changing -4.09% at the moment leaves the stock 18.94% off its SMA200. RR registered -1.80% loss for a year compared to 6-month gain of 13.10%.

The stock witnessed a -33.87% loss in the last 1 month and extending the period to 3 months gives it a 148.26%, and is -4.65% 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 13.99% over the week and 13.90% over the month.

Richtech Robotics Inc (RR) has around 57 employees, a market worth around $187.79M and $4.39M in sales. Profit margin for the company is -203.62%. Distance from 52-week low is 442.69% and -68.46% 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 63.35M with Short Float at 20.08%.

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.

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