Are Analysts Too Bullish On Richtech Robotics Inc (RR)

money audit

Richtech Robotics Inc (NASDAQ:RR) currently has a daily average trading volume of 17.52M but it saw 27268909 shares traded in last market. With a market cap of 319.34M USD, the company’s current market price of $2.85 came rising about 20.76 while comparing to the previous closing price of $2.36. 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 $2.46 while lowest mark touched by it was $2.96.

Taking a look at 20-day trading activity of Richtech Robotics Inc (RR) gives us an average price of $2.81, while its current price level is -45.19% below from 52-week high level whereas it is 843.08% 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 $2.07 while that of 200 days or SMA-200 reads an average of $1.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.48% during that period while stretching the period over a month that increases to 20.08%. 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 54.01 which implies that the stock is in neutral territory.

Over the week, RR’s stock price is moving 17.77% up while it is -30.66% when we observe its performance for the past one month. Year-to-date it is 5.56% up and over the past year, the stock is showing an upside performance of 56.59%.

The company is expected to be releasing its next quarterly report in March, 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 -9.44. Stock has a price to book (P/B) ratio of 6.40 while price to sale or P/S ratio amounts to 75.32. Its return on asset (ROA) is -32.23% on average.