The Week Ahead: Are Investors Really Too Optimistic About Richtech Robotics Inc. (NASDAQ: RR)

Richtech Robotics Inc. (NASDAQ:RR) currently has a daily average trading volume of 10.66M but it saw 29099881 shares traded in last market. With a market cap of 82.61M USD, the company’s current market price of $1.29 came falling about -2.27 while comparing to the previous closing price of $1.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.29 and as low as $0.30. In the recent trading on the day, stock has struck highest price mark of $1.19 while lowest mark touched by it was $1.49.

Taking a look at 20-day trading activity of Richtech Robotics Inc. (RR) gives us an average price of $0.9820, while its current price level is -89.50% below from 52-week high level whereas it is 326.87% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.1434. A closer look into the stock’s movement over the week reveals that its volatility is standing at 39.00% during that period while stretching the period over a month that increases to 40.36%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.39 which implies that the stock is in neutral territory.

Over the week, RR’s stock price is moving 171.58% up while it is 10.26% when we observe its performance for the past one month. Year-to-date it is -78.32% down and over the past year.

Currently, Richtech Robotics Inc.’s total number of outstanding shares is 20.89M. Company’s return on investment (ROI) stands at -31.37% and return on equity (ROE) at -51.43%. Stock has a price to book (P/B) ratio of 9.90 while price to sale or P/S ratio amounts to 9.07. Its return on asset (ROA) is -34.67% on average.