Currently, Richtech Robotics Inc.’s (RR) stock is trading at $0.82, marking a gain of 8.37% from last night’s close. At this price, the stock is -93.36% below its 52-week high of $12.29 and 169.85% above its 52-week low of $0.30. Based on the past 30-day period, the stock price is -67.84% below the high and +175.65% above the low.
As well, it is important to consider RR stock ratios such as price-to-sales, which is currently 5.73.RR’s price to book ratio for the most recent quarter was 6.26, resulting in an 5.68 price to cash per share for the period.
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How does Richtech Robotics Inc. (RR) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
Richtech Robotics Inc. (NASDAQ: RR) Ownership Details
I will give a breakdown of the key shareholders in Richtech Robotics Inc. (RR). Recent figures show that the company’s insiders hold 29.39% of shares. A total of 11 institutional investors hold shares in the company, making 1.03% of its stock and 1.47% of its float.
Jun 30, 2024, it was reported that the Company’s largest institutional holder is Renaissance Technologies, LLC holding total of 108.4 shares that make 0.29% of the company’s total number of shares and are currently priced at 89451.0.
The securities firm Geode Capital Management, LLC holds 42.58 shares of RR, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.11%, and the holding percentage of shares is valued at 35136.0.
An overview of Richtech Robotics Inc.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Richtech Robotics Inc. (RR) traded 21,239,387 shares per day, with a moving average of $0.9634 and price change of -0.5370. With the moving average of $1.1419 and a price change of -0.3370, about 10,913,606 shares changed hands on average over the past 50 days. Finally, RR’s 100-day average volume is 5,535,841 shares, alongside a moving average of $1.2556 and a price change of -0.6470.
