Richtech Robotics Inc. (NASDAQ: RR) Drops -20.99% Over A Month, But Analysts Still See Upside Potential

Richtech Robotics Inc. (NASDAQ:RR) currently has a daily average trading volume of 13.76M but it saw 3728953 shares traded in last market. With a market cap of 56.65M USD, the company’s current market price of $0.63 came falling about -6.11 while comparing to the previous closing price of $0.67. 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 $0.6077 while lowest mark touched by it was $0.6702.

Taking a look at 20-day trading activity of Richtech Robotics Inc. (RR) gives us an average price of $0.7251, while its current price level is -94.89% below from 52-week high level whereas it is 107.64% 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 $0.9240 while that of 200 days or SMA-200 reads an average of $1.7147. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.89% during that period while stretching the period over a month that increases to 10.27%. 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 36.46 which implies that the stock is in neutral territory.

Over the week, RR’s stock price is moving -11.28% down while it is -20.99% when we observe its performance for the past one month. Year-to-date it is -89.45% down and over the past year.

Currently, Richtech Robotics Inc.’s total number of outstanding shares is 90.28M with 9.08% of that held by the insiders while 1.73% 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 4.82 while price to sale or P/S ratio amounts to 6.22. Its return on asset (ROA) is -34.67% on average.