The stock of ReTo Eco-Solutions Inc (RETO) has gone up by 33.66% for the week, with a -48.48% drop in the past month and a -64.82% drop in the past quarter. The volatility ratio for the week is 16.74%, and the volatility levels for the past 30 days are 24.35% for RETO. The simple moving average for the past 20 days is -17.65% for RETO’s stock, with a -85.77% simple moving average for the past 200 days.
Is It Worth Investing in ReTo Eco-Solutions Inc (NASDAQ: RETO) Right Now?
Moreover, the 36-month beta value for RETO is 1.09.
The public float for RETO is 3.04M and currently, short sellers hold a 0.24% of that float. On April 05, 2024, RETO’s average trading volume was 73.24K shares.
RETO) stock’s latest price update
The stock of ReTo Eco-Solutions Inc (NASDAQ: RETO) has increased by 16.38 when compared to last closing price of 1.16.Despite this, the company has seen a gain of 33.66% in its stock price over the last five trading days. Benzinga reported 2023-06-14 that The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
RETO Trading at -51.60% from the 50-Day Moving Average
After a stumble in the market that brought RETO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.17% of loss for the given period.
Volatility was left at 24.35%, however, over the last 30 days, the volatility rate increased by 16.74%, as shares sank -38.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -64.72% lower at present.
During the last 5 trading sessions, RETO rose by +33.66%, which changed the moving average for the period of 200-days by -89.53% in comparison to the 20-day moving average, which settled at $1.5968. In addition, ReTo Eco-Solutions Inc saw -61.98% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RETO
Current profitability levels for the company are sitting at:
- -10.3 for the present operating margin
- 0.11 for the gross margin
The net margin for ReTo Eco-Solutions Inc stands at -11.25. The total capital return value is set at -162.77. Equity return is now at value -599.79, with -180.26 for asset returns.
Based on ReTo Eco-Solutions Inc (RETO), the company’s capital structure generated 1.14 points at debt to capital in total, while cash flow to debt ratio is standing at -0.06. The debt to equity ratio resting at -8.22. The interest coverage ratio of the stock is -158.62.
Currently, EBITDA for the company is -11.96 million with net debt to EBITDA at -0.22. When we switch over and look at the enterprise to sales, we see a ratio of 3.27. The receivables turnover for the company is 2.81for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.26.
Conclusion
To wrap up, the performance of ReTo Eco-Solutions Inc (RETO) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
