Investors Are Waking Up To Richtech Robotics Inc (NASDAQ: RR) After Losing -50.56% Over The Past 12 Months

Richtech Robotics Inc (NASDAQ:RR) currently has a daily average trading volume of 6.33M but it saw 51660219 shares traded in last market. With a market cap of 254.75M USD, the company’s current market price of $2.67 came rising about 36.92 while comparing to the previous closing price of $1.95. 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 $2.11 while lowest mark touched by it was $3.18.

Taking a look at 20-day trading activity of Richtech Robotics Inc (RR) gives us an average price of $1.0900, while its current price level is -78.28% below from 52-week high level whereas it is 783.52% 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 $0.8200 while that of 200 days or SMA-200 reads an average of $1.1000. A closer look into the stock’s movement over the week reveals that its volatility is standing at 38.97% during that period while stretching the period over a month that decreases to 25.02%. 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 87.83 which implies that the stock is in overbought territory.

Over the week, RR’s stock price is moving 115.32% up while it is 321.93% when we observe its performance for the past one month. Year-to-date it is -55.13% down and over the past year, the stock is showing a downside performance of -50.56%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Richtech Robotics Inc’s total number of outstanding shares is 95.41M with 9.08% of that held by the insiders while 2.77% 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’s beta reads -2.13. Stock has a price to book (P/B) ratio of 20.49 while price to sale or P/S ratio amounts to 27.96. Its return on asset (ROA) is -34.67% on average.