ReTo Eco-Solutions Inc [NASDAQ: RETO] stock went on an upward path that rose over 3.80% on Thursday, amounting to a one-week price increase of more than 2.47%.
Over the last 12 months, RETO stock dropped by -89.78%.
The market cap for the stock reached $8.35 million, with 20.35 million shares outstanding and 14.65 million shares in the current float. Compared to the average trading volume of 94.33K shares, RETO stock reached a trading volume of 26643637 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on ReTo Eco-Solutions Inc [RETO]:
The Average True Range (ATR) for ReTo Eco-Solutions Inc is set at 0.10, with the Price to Sales ratio for RETO stock in the period of the last 12 months amounting to 2.17. The Price to Book ratio for the last quarter was 0.12, with the Price to Cash per share for the same quarter was set at 0.08.
RETO Stock Performance Analysis:
ReTo Eco-Solutions Inc [RETO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.47. With this latest performance, RETO shares dropped by -53.41% in over the last four-week period, additionally sinking by -59.41% over the last 6 months – not to mention a drop of -89.78% in the past year of trading.
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 RETO stock in for the last two-week period is set at 21.14, with the RSI for the last a single of trading hit 19.98, and the three-weeks RSI is set at 24.08 for ReTo Eco-Solutions Inc [RETO]. The present Moving Average for the last 50 days of trading for this stock 0.8084, while it was recorded at 0.3998 for the last single week of trading, and 1.2808 for the last 200 days.
Insight into ReTo Eco-Solutions Inc Fundamentals:
ReTo Eco-Solutions Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.36 and a Current Ratio set at 1.02.
