No Stopping Richtech Robotics Inc. (NASDAQ: RR) These Days

Richtech Robotics Inc. (NASDAQ:RR) does about 13.46M shares in volume on a normal day but saw 5178642 shares change hands in the recent trading day. The company now has a market cap of 96.20M USD. Its current market price is $1.04, marking a decrease of -6.31% compared to the previous close of $1.11. 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 $1.1239 and the current price is -91.54% off the 52-week high compared with 244.14% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1466 and its 200-day simple moving average is $2.3987. If we look at the stock’s price movements over the week, volatility stands at 18.37%, which increases to 22.92% 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 46.31 to suggest the stock is neutral.

FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Sell.

The current price level is -5.15%, -9.72%, and -57.05% away from its SMA20, SMA50, and SMA200 respectively, with the RR price moving above the 50-day SMA on current market day. Richtech Robotics Inc. (RR) stock is down -18.11% over the week and 91.85% over the past month. Its price is -82.52% year-to-date.

Outstanding shares total 92.50M with insiders holding 10.00% of the shares and institutional holders owning 1.19% 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 7.98 and price to sales ratio is 10.56.