Reitar Logtech Holdings Ltd (NASDAQ: RITR) is 2.67% higher on its value in year-to-date trading and has touched a low of $2.24 and a high of $8.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RITR stock was last observed hovering at around $3.62 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $3.84, the stock is 0.60% and 15.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing 6.08% at the moment leaves the stock -7.55% off its SMA200. RITR registered a loss of -41.37% in past 6-months.
The stock witnessed a 21.33% gain in the last 1 month and extending the period to 3 months gives it a 16.36%, and is 10.03% 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 18.33% over the week and 12.75% over the month.
Reitar Logtech Holdings Ltd (RITR) has around 52 employees, a market worth around $238.54M and $47.68M in sales. Current P/E ratio is 45.71. Profit margin for the company is 10.82%. Distance from 52-week low is 71.43% and -56.11% from its 52-week high. The company has generated returns on investments over the last 12 months (22.06%).
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Reitar Logtech Holdings Ltd (RITR) Top Institutional Holders
The shares outstanding are 42.44M, and float is at 13.79M with Short Float at 0.15%.
Reitar Logtech Holdings Ltd (RITR) Insider Activity
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