Royalty Management Holding Corp [NASDAQ: RMCO] stock went on an upward path that rose over 8.21% on Friday, amounting to a one-week price increase of more than 25.84%.
Over the last 12 months, RMCO stock rose by 124.45%.
The market cap for the stock reached $32.98 million, with 14.92 million shares outstanding and 8.14 million shares in the current float. Compared to the average trading volume of 83.17K shares, RMCO stock reached a trading volume of 170290 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Royalty Management Holding Corp [RMCO]:
The Price to Book ratio for the last quarter was 2.83, with the Price to Cash per share for the same quarter was set at 0.01. Price to Free Cash Flow for RMCO in the course of the last twelve months was 26.17 with Quick ratio for the last quarter at 0.98.
RMCO Stock Performance Analysis:
Royalty Management Holding Corp [RMCO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 25.84. With this latest performance, RMCO shares gained by 69.70% in over the last four-week period, additionally plugging by 115.81% over the last 6 months – not to mention a rise of 124.45% 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 RMCO stock in for the last two-week period is set at 78.65, with the RSI for the last a single of trading hit 0.16, and the three-weeks RSI is set at 0.14 for Royalty Management Holding Corp [RMCO]. The present Moving Average for the last 50 days of trading for this stock 1.47, while it was recorded at 2.00 for the last single week of trading, and 1.18 for the last 200 days.
Insight into Royalty Management Holding Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Royalty Management Holding Corp [RMCO] shares currently have an operating margin of -13.05% and a Gross Margin at 29.55%. Royalty Management Holding Corp’s Net Margin is presently recorded at -9.56%.
Royalty Management Holding Corp (RMCO) Capital Structure & Debt Analysis
According to recent financial data for Royalty Management Holding Corp. ( RMCO), the Return on Equity (ROE) stands at -1.93%, reflecting a slight decline for investors. The Return on Assets (ROA) is -1.58%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Royalty Management Holding Corp’s Return on Invested Capital (ROIC) is -1.77%, showcasing its effectiveness in deploying capital for earnings.
Royalty Management Holding Corp (RMCO) Efficiency & Liquidity Metrics
Based on Royalty Management Holding Corp’s (RMCO) latest financial statements, the Debt-to-Equity Ratio is 0.04%, indicating its reliance on debt financing relative to shareholder equity.
Royalty Management Holding Corp (RMCO) Efficiency & Liquidity Metrics
Royalty Management Holding Corp [RMCO] Institutonal Ownership Details
There are presently around $1.70%, or 4.04%% of RMCO stock, in the hands of institutional investors.
