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 4.54M but it saw 1669570 shares traded in last market. With a market cap of 68.70M USD, the company’s current market price of $0.66 came rising about 8.99 while comparing to the previous closing price of $0.61. 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 $0.6 while lowest mark touched by it was $0.664.

Taking a look at 20-day trading activity of Richtech Robotics Inc (RR) gives us an average price of $0.6050, while its current price level is -94.62% below from 52-week high level whereas it is 118.60% 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 $0.6819 while that of 200 days or SMA-200 reads an average of $1.1530. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.96% during that period while stretching the period over a month that decreases to 9.13%. 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 52.96 which implies that the stock is in neutral territory.

Over the week, RR’s stock price is moving 24.55% up while it is -10.72% when we observe its performance for the past one month. Year-to-date it is -88.90% down and over the past year, the stock is showing a downside performance of -85.82%.

Currently, Richtech Robotics Inc’s total number of outstanding shares is 95.41M. Company’s return on investment (ROI) stands at -31.37% and return on equity (ROE) at -51.43%. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 5.07 while price to sale or P/S ratio amounts to 7.54. Its return on asset (ROA) is -34.67% on average.