Reitar Logtech Holdings Ltd [NASDAQ: RITR] loss -57.24% on the last trading session, reaching $3.01 price per share at the time.
Reitar Logtech Holdings Ltd represents 45.63 million in outstanding shares, while the company has a total market value of $187.94 million with the latest information. RITR stock price has been found in the range of $2.6 to $5.13.
If compared to the average trading volume of 652.53K shares, RITR reached a trading volume of 6327002 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Reitar Logtech Holdings Ltd [RITR]:
The Price to Book ratio for the last quarter was 8.97, with the Price to Cash per share for the same quarter was set at 0.09.
Trading performance analysis for RITR stock
Reitar Logtech Holdings Ltd [RITR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -51.37. With this latest performance, RITR shares dropped by -36.36% in over the last four-week period, additionally plugging by 10.26% over the last 6 months – not to mention a drop of -19.52% 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 RITR stock in for the last two-week period is set at 28.60, with the RSI for the last a single of trading hit 0.98, and the three-weeks RSI is set at 0.73 for Reitar Logtech Holdings Ltd [RITR]. The present Moving Average for the last 50 days of trading for this stock 4.85, while it was recorded at 6.09 for the last single week of trading, and 4.03 for the last 200 days.
Reitar Logtech Holdings Ltd [RITR]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Reitar Logtech Holdings Ltd [RITR] shares currently have an operating margin of 2.56% and a Gross Margin at 14.46%. Reitar Logtech Holdings Ltd’s Net Margin is presently recorded at 2.06%.
Reitar Logtech Holdings Ltd (RITR) Capital Structure & Debt Analysis
According to recent financial data for Reitar Logtech Holdings Ltd. ( RITR), the Return on Equity (ROE) stands at 5.96%, suggesting modest shareholder returns. The Return on Assets (ROA) is 2.70%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Reitar Logtech Holdings Ltd’s Return on Invested Capital (ROIC) is 4.77%, showcasing its effectiveness in deploying capital for earnings.
Reitar Logtech Holdings Ltd (RITR) Efficiency & Liquidity Metrics
Based on Reitar Logtech Holdings Ltd’s (RITR) latest financial statements, the Debt-to-Equity Ratio is 0.50%, indicating its reliance on debt financing relative to shareholder equity.
Reitar Logtech Holdings Ltd (RITR) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Reitar Logtech Holdings Ltd. (RITR) effectively leverages its workforce, generating an average of $17857.14 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.58% and a Quick Ratio of 1.58%, indicating strong ability to cover short-term liabilities.
An analysis of Institutional ownership at Reitar Logtech Holdings Ltd [RITR]
There are presently around $0.21%, or 0.56%% of RITR stock, in the hands of institutional investors.
