Richtech Robotics Inc (NASDAQ: RR): Retirees Don’t Worry About Volatility

Richtech Robotics Inc (NASDAQ:RR) currently has a daily average trading volume of 8.48M but it saw 17775582 shares traded in last market. With a market cap of 229.93M USD, the company’s current market price of $2.41 came falling about -10.74 while comparing to the previous closing price of $2.70. 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 $2.36 while lowest mark touched by it was $2.98.

Taking a look at 20-day trading activity of Richtech Robotics Inc (RR) gives us an average price of $1.53, while its current price level is -80.39% below from 52-week high level whereas it is 697.49% 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 $0.99 while that of 200 days or SMA-200 reads an average of $1.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 41.58% during that period while stretching the period over a month that decreases to 29.74%. 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 63.44 which implies that the stock is in neutral territory.

Over the week, RR’s stock price is moving 23.59% up while it is 254.57% when we observe its performance for the past one month. Year-to-date it is -10.74% down and over the past year, the stock is showing a downside performance of -60.17%.

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 -9.82. Stock has a price to book (P/B) ratio of 18.50 while price to sale or P/S ratio amounts to 25.24. Its return on asset (ROA) is -34.67% on average.