Richtech Robotics Inc. (NASDAQ:RR) traded at $0.70 at close of the session on current trade day and made an upward move of 1.84% on its previous day’s price.
Looking at the stock we see that its previous close was $0.68 with the day’s price range being $0.665 – $0.7694. In terms of its 52-week price range, RR has a high of $12.29 and a low of $0.30. The company’s stock has lost about -25.52% over that past 30 days.
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Richtech Robotics Inc. has a market cap of $62.93 million and is expected to release its quarterly earnings report in November.
On the other hand, looking at the outlook for the RR stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Richtech Robotics Inc. (RR) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Sell and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -9.57% off its SMA20 and -23.93% from its 50-day simple moving average. The RSI (14) is pointing at 40.86 while the volatility over the past week is 12.69% and jumps to 13.95% over the past one month.
Coming back to Richtech Robotics Inc. (NASDAQ:RR), we note that the average 3-month trading volume was 15.12 million, while that of the preceding 10-day period stands at 3.74 million. Current shares outstanding are 90.28 million.
The insiders hold 53.97% of the company’s shares while institutions hold 0.29%. The data shows that short shares as of 2024-09-30, stood at 3.51 million at a short ratio of 0.49. This represents a 646.00 short interest in shares outstanding on 2024-09-30. Shares short rose in September from the previous month at 2.24 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -88.28% down in year-to-date price movement.
