The trading price of Richtech Robotics Inc (NASDAQ:RR) closed lower on Tuesday, March 25, and closing at $2.50, -3.85% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $2.44 and $2.638. In examining the 52-week price action we see that the stock hit a 52-week high of $5.20 and a 52-week low of $0.30. Over the past month, the stock has gained 32.98% in value.
Richtech Robotics Inc, whose market valuation is $286.26 million at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.04 per share this quarter, however they have predicted annual earnings per share of -0.15 for current year and -0.12 for next year.
Analysts have forecast the company to bring in revenue of 1.38M for the current quarter, with the likely lows of 1.38M and highs of 1.38M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 5.83M.
On the technical side, indicators suggest RR has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned RR a recommendation rating is 1. Out of them, 0 rate it a Hold, while 0 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Richtech Robotics Inc (RR) as Underweight, while 1 advise Sell. Analysts have rated the stock Sell, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that RR’s price is currently 32.05% off the SMA20 and 5.25% off the SMA50. The RSI metric on the 14-day chart is currently showing 58.44, and weekly volatility stands at 14.01%. When measured over the past 30 days, the indicator reaches 14.54%. Richtech Robotics Inc (NASDAQ:RR)’s beta value is currently sitting at -7.74, while the Average True Range indicator is currently displaying 0.32.
To see how Richtech Robotics Inc stock has been performing in comparison to its peers in the industry, here are the numbers: RR stock’s performance was -3.85% in the latest trading, and 47.93% in the past year.
An evaluation of the daily trading volume of Richtech Robotics Inc (NASDAQ:RR) indicates that the 3-month average is 19.69 million. However, this figure has increased over the past 10 days to an average of 11.99.
Currently, records show that 67.62 million of the company’s shares remain outstanding. The insiders hold 44.35% of outstanding shares, whereasinstitutions hold 2.70%. The stats also highlight that short interest as of 2025-02-28, stood at 13.42 million shares, resulting in a short ratio of 0.98 at that time. From this, we can conclude that short interest is 1838.00 of the company’s total outstanding shares. It is noteworthy that short shares in February were up slightly from the previous month’s figure, which was 10.34 million. However, since the stock’s price has seen -7.41% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
