Ridgetech Inc (NASDAQ:RDGT) currently has a daily average trading volume of 415.60K but it saw 1279612 shares traded in last market. With a market cap of 7.49M USD, the company’s current market price of $1.21 came rising about 29.10 while comparing to the previous closing price of $0.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.50 and as low as $0.72. In the recent trading on the day, stock has struck highest price mark of $0.8851 while lowest mark touched by it was $1.27.
Taking a look at 20-day trading activity of Ridgetech Inc (RDGT) gives us an average price of $1.0841, while its current price level is -73.06% below from 52-week high level whereas it is 68.39% 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 $1.3591 while that of 200 days or SMA-200 reads an average of $1.8734. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.77% during that period while stretching the period over a month that increases to 26.24%. 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 53.69 which implies that the stock is in neutral territory.
Over the week, RDGT’s stock price is moving 30.25% up while it is -16.96% when we observe its performance for the past one month. Year-to-date it is -31.50% down and over the past year, the stock is showing a downside performance of -60.25%.
Currently, Ridgetech Inc’s total number of outstanding shares is 6.18M with 36.47% of that held by the insiders while 0.37% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -19.95% and return on equity (ROE) at -27.69%. Stock’s beta reads 0.09. Stock has a price to book (P/B) ratio of 0.38 while price to sale or P/S ratio amounts to 0.05. Its return on asset (ROA) is -5.91% on average.
