Richtech Robotics Inc (NASDAQ:RR) shares, rose in value on Wednesday, April 16, with the stock price down by -5.50% to the previous day’s close as strong demand from buyers drove the stock to $1.89.
Actively observing the price movement in the last trading, the stock closed the session at $2.00, falling within a range of $1.84 and $2.06. Referring to stock’s 52-week performance, its high was $5.20, and the low was $0.30. On the whole, RR has fluctuated by -0.79% over the past month.
With the market capitalization of Richtech Robotics Inc currently standing at about $216.41 million, investors are eagerly awaiting this quarter’s results, scheduled for in May.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of RR currently trading nearly -7.56% and -10.13% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.92, while the 7-day volatility ratio is showing 9.59% which for the 30-day chart, stands at 13.68%. Furthermore, Richtech Robotics Inc (RR)’s beta value is -4.61, and its average true range (ATR) is 0.27.
A comparison of Richtech Robotics Inc (RR) with its peers suggests the former has fared considerably weaker in the market. RR showed an intraday change of -5.50% in last session, and over the past year, it grew by 13.86%%.
Data on historical trading for Richtech Robotics Inc (NASDAQ:RR) indicates that the trading volumes over the past 10 days have averaged 5.98 and over the past 3 months, they’ve averaged 12.13 million. According to company’s latest data on outstanding shares, there are 67.62 million shares outstanding.
Nearly 44.35% of Richtech Robotics Inc’s shares belong to company insiders and institutional investors own 2.73% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.72 million shares as on 2025-03-31, resulting in a short ratio of 1.37. According to the data, the short interest in Richtech Robotics Inc (RR) stood at 1741.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 13.42 million. The stock has fallen by -30.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RR stock heading into the next quarter.
