It’s Not A Fantasy To Think That Richtech Robotics Inc. (RR) Has Big Future Potential

Richtech Robotics Inc. (NASDAQ:RR) currently has a daily average trading volume of 12.43M but it saw 6630489 shares traded in last market. With a market cap of 114.93M USD, the company’s current market price of $1.45 came falling about -8.23 while comparing to the previous closing price of $1.58. 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 $1.42 while lowest mark touched by it was $1.57.

Taking a look at 20-day trading activity of Richtech Robotics Inc. (RR) gives us an average price of $0.9985, while its current price level is -88.20% below from 52-week high level whereas it is 379.81% 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 $1.1606. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.04% during that period while stretching the period over a month that increases to 39.96%. 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 58.97 which implies that the stock is in neutral territory.

Over the week, RR’s stock price is moving 12.40% up while it is -4.61% when we observe its performance for the past one month. Year-to-date it is -75.63% down and over the past year.

Currently, Richtech Robotics Inc.’s total number of outstanding shares is 79.26M with 16.96% of that held by the insiders while 1.36% of its common stock has been owned by the institutions. 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 11.13 while price to sale or P/S ratio amounts to 12.62. Its return on asset (ROA) is -34.67% on average.