Predicting Future Price Moves In Richtech Robotics Inc. (RR)

Richtech Robotics Inc. (NASDAQ:RR) does about 8.21M shares in volume on a normal day but saw 21906456 shares change hands in the recent trading day. The company now has a market cap of 48.19M USD. Its current market price is $0.75, marking an increase of 27.00% compared to the previous close of $0.59. The 52 week high reached by this stock is $12.29 whilst the lowest price level in 52 weeks is $0.30.

Richtech Robotics Inc. (RR) has a 20-day trading average at $0.9902 and the current price is -93.88% off the 52-week high compared with 149.01% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1487. If we look at the stock’s price movements over the week, volatility stands at 24.66%, which increases to 41.66% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.80 to suggest the stock is neutral.

0 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Sell.

Richtech Robotics Inc. (RR) stock is up 38.81% over the week and -37.29% over the past month. Its price is -87.35% year-to-date.

Outstanding shares total 20.89M with insiders holding 29.39% of the shares and institutional holders owning 1.03% of the company’s common stock. The company has a return on investment of -31.37% and return on equity of -51.43%. Price to book ratio is 5.78 and price to sales ratio is 5.29.