Reitar Logtech Holdings Ltd [NASDAQ: RITR] plunged by -$0.02 during the normal trading session on Wednesday and reaching a high of $1.15 during the day while it closed the day at $1.13.
Reitar Logtech Holdings Ltd stock has also loss -21.53% of its value over the past 7 days. However, RITR stock has declined by -76.41% in the 3 months of the year. Over the past six months meanwhile, it has lost -67.06% and lost -76.99% year-on date.
The market cap for RITR stock reached $70.56 million, with 45.63 million shares outstanding and 17.29 million shares in the current float. Compared to the average trading volume of 1.23M shares, RITR reached a trading volume of 215229 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Reitar Logtech Holdings Ltd [RITR]:
The Price to Book ratio for the last quarter was 3.37, with the Price to Cash per share for the same quarter was set at 0.09.
RITR stock trade performance evaluation
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 -21.53. With this latest performance, RITR shares dropped by -37.22% in over the last four-week period, additionally sinking by -67.06% over the last 6 months – not to mention a drop of -69.79% 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 28.36, with the RSI for the last a single of trading hit 0.1924, and the three-weeks RSI is set at 0.2657 for Reitar Logtech Holdings Ltd [RITR]. The present Moving Average for the last 50 days of trading for this stock 2.5773, while it was recorded at 1.1530 for the last single week of trading, and 3.6288 for the last 200 days.
Reitar Logtech Holdings Ltd [RITR]: An insightful look at the core fundamentals
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.
Reitar Logtech Holdings Ltd [RITR]: Institutional Ownership
There are presently around $0.52%, or 1.38%% of RITR stock, in the hands of institutional investors.
