Reitar Logtech Holdings Ltd (NASDAQ:RITR) does about 230.00K shares in volume on a normal day but saw 3541920 shares change hands in the recent trading day. The company now has a market cap of 228.60M USD. Its current market price is $3.68, marking an increase of 2.79% compared to the previous close of $3.58. The 52 week high reached by this stock is $8.75 whilst the lowest price level in 52 weeks is $2.24.
Reitar Logtech Holdings Ltd (RITR) has a 20-day trading average at $3.84 and the current price is -57.94% off the 52-week high compared with 64.29% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.35. If we look at the stock’s price movements over the week, volatility stands at 19.50%, which decreases to 12.73% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 52.22 to suggest the stock is neutral.
The current price level is -4.04%, 9.86%, and -11.28% away from its SMA20, SMA50, and SMA200 respectively, with the RITR price moving below the 50-day SMA on current market day. Reitar Logtech Holdings Ltd (RITR) stock is up 1.14% over the week and 15.00% over the past month. Its price is -1.60% year-to-date.
Outstanding shares total 42.44M with insiders holding 66.77% of the shares and institutional holders owning 0.18% of the company’s common stock. The company has a return on investment of 22.06% and return on equity of 30.53%. The price to earnings ratio (P/E ratio) amounts to 43.81. Price to book ratio is 9.87 and price to sales ratio is 4.79.
