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 16.78M but it saw 11956849 shares traded in last market. With a market cap of 271.16M USD, the company’s current market price of $2.42 came falling about -5.84 while comparing to the previous closing price of $2.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.20 and as low as $0.30. In the recent trading on the day, stock has struck highest price mark of $2.3513 while lowest mark touched by it was $2.62.

Taking a look at 20-day trading activity of Richtech Robotics Inc (RR) gives us an average price of $3.04, while its current price level is -53.46% below from 52-week high level whereas it is 700.79% 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 $1.87 while that of 200 days or SMA-200 reads an average of $1.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.66% during that period while stretching the period over a month that increases to 27.59%. 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 47.17 which implies that the stock is in neutral territory.

Over the week, RR’s stock price is moving -29.86% down while it is -16.55% when we observe its performance for the past one month. Year-to-date it is -10.37% down and over the past year, the stock is showing a downside performance of -13.57%.

The company is expected to be releasing its next quarterly report in February, 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 53.80M 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 -19.34% and return on equity (ROE) at -34.97%. Stock’s beta reads -9.87. Stock has a price to book (P/B) ratio of 5.43 while price to sale or P/S ratio amounts to 63.95. Its return on asset (ROA) is -32.23% on average.