Richtech Robotics Inc (NASDAQ:RR) price on Thursday, March 20, rose 0.47% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.14.
A look at the stock’s price movement, the close in the last trading session was $2.13, moving within a range at $2.03 and $2.44. Turning to its 52-week performance, $5.20 and $0.30 were the 52-week high and 52-week low respectively. Overall, RR moved -16.08% over the past month.
Richtech Robotics Inc’s market cap currently stands at around $245.04 million, with investors looking forward to this quarter’s earnings report slated for in April.
Analysts have a consensus estimate of 1.38M for the company’s revenue for the quarter, with a low and high estimate of 1.38M and 1.38M respectively.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RR is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 0 recommend RR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Sell which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RR’s current price about 17.84% and -11.75% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.56, while 7-day volatility ratio is 19.39% and 15.12% in the 30-day chart. Further, Richtech Robotics Inc (RR) has a beta value of -6.26, and an average true range (ATR) of 0.33.
If we refocus on Richtech Robotics Inc (NASDAQ:RR), historical trading data shows that trading volumes averaged 10.28 over the past 10 days and 20.46 million over the past 3 months. The company’s latest data on shares outstanding shows there are 67.62 million shares.
The 44.35% of Richtech Robotics Inc’s shares are in the hands of company insiders while institutional holders own 2.70% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.42 million on 2025-02-28, giving us a short ratio of 0.98. The data shows that as of 2025-02-28 short interest in Richtech Robotics Inc (RR) stood at 1838.0 of shares outstanding, with shares short rising to 10.34 million registered in 2025-01-31. Current price change has pushed the stock -20.74% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RR stock continues to rise going into the next quarter.
