The trading price of Reitar Logtech Holdings Ltd (NASDAQ:RITR) closed lower on Monday, July 07, and closing at $4.91, -7.36% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $4.45 and $6.1999. The company’s P/E ratio in the trailing 12-month period was 58.45. In examining the 52-week price action we see that the stock hit a 52-week high of $8.75 and a 52-week low of $2.24. Over the past month, the stock has lost -7.18% in value.
Reitar Logtech Holdings Ltd, whose market valuation is $305.01 million at the time of this writing, is expected to release its quarterly earnings report in August. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest RITR 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 50% Buy.
A quick review shows that RITR’s price is currently -0.75% off the SMA20 and 14.55% off the SMA50. The RSI metric on the 14-day chart is currently showing 51.57, and weekly volatility stands at 22.98%. When measured over the past 30 days, the indicator reaches 27.39%. Reitar Logtech Holdings Ltd (NASDAQ:RITR)’s beta value is currently sitting at 0.
To see how Reitar Logtech Holdings Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: RITR stock’s performance was -7.36% in the latest trading, and 31.28% in the past year. Reitar Logtech Holdings Ltd has a P/E ratio of 58.45.
An evaluation of the daily trading volume of Reitar Logtech Holdings Ltd (NASDAQ:RITR) indicates that the 3-month average is 698.16K. However, this figure has increased over the past 10 days to an average of 1.43.
Currently, records show that 42.44 million of the company’s shares remain outstanding. The insiders hold 77.81% of outstanding shares, whereas institutions hold 0.18%. The stats also highlight that short interest as of 2025-06-13, stood at 93916.0 shares, resulting in a short ratio of 0.11 at that time. From this, we can conclude that short interest is 67.00 of the company’s total outstanding shares. It is noteworthy that short shares in June were up slightly from the previous month’s figure, which was 26100.0.
