Richtech Robotics Inc. [NASDAQ: RR] stock went on a downward path that fall over -13.79% on Friday, amounting to a one-week price decrease of less than -9.42%.
The market cap for the stock reached $99.08 million, with 79.26 million shares outstanding and 24.98 million shares in the current float. Compared to the average trading volume of 12.68M shares, RR stock reached a trading volume of 9419993 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Guru’s Opinion on Richtech Robotics Inc. [RR]:
The Average True Range (ATR) for Richtech Robotics Inc. is set at 0.28, with the Price to Sales ratio for RR stock in the period of the last 12 months amounting to 10.88. The Price to Book ratio for the last quarter was 9.59, with the Price to Cash per share for the same quarter was set at 0.12.
RR Stock Performance Analysis:
Richtech Robotics Inc. [RR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.42. With this latest performance, RR shares dropped by -9.42% in over the last four-week period, additionally sinking by -21.38% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RR stock in for the last two-week period is set at 52.42, with the RSI for the last a single of trading hit 51.83, and the three-weeks RSI is set at 51.83 for Richtech Robotics Inc. [RR]. The present Moving Average for the last 50 days of trading for this stock 1.1652, while it was recorded at 1.4740 for the last single week of trading.
Insight into Richtech Robotics Inc. Fundamentals:
Richtech Robotics Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.17 and a Current Ratio set at 3.27.
