In the past week, RELL stock has gone up by 13.34%, with a monthly gain of 21.95% and a quarterly plunge of -17.76%. The volatility ratio for the week is 3.27%, and the volatility levels for the last 30 days are 2.95% for Richardson Electronics, Ltd. The simple moving average for the last 20 days is 15.42% for RELL stock, with a simple moving average of -10.98% for the last 200 days.
Is It Worth Investing in Richardson Electronics, Ltd. (NASDAQ: RELL) Right Now?
Richardson Electronics, Ltd. (NASDAQ: RELL) has a price-to-earnings ratio of 58.78x that is above its average ratio. Additionally, the 36-month beta value for RELL is 1.03. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for RELL is 11.87M and currently, short sellers hold a 6.18% ratio of that float. The average trading volume of RELL on April 11, 2024 was 157.54K shares.
RELL) stock’s latest price update
The stock of Richardson Electronics, Ltd. (NASDAQ: RELL) has increased by 9.95 when compared to last closing price of 9.35. Despite this, the company has experienced a 13.34% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-10 that Richardson Electronics (RELL) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.44 per share a year ago.
Analysts’ Opinion of RELL
Many brokerage firms have already submitted their reports for RELL stocks, with Feltl & Co. repeating the rating for RELL by listing it as a “Buy.” The predicted price for RELL in the upcoming period, according to Feltl & Co. is $12 based on the research report published on September 06, 2007 of the previous year 2007.
RELL Trading at 14.27% from the 50-Day Moving Average
After a stumble in the market that brought RELL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.50% of loss for the given period.
Volatility was left at 2.95%, however, over the last 30 days, the volatility rate increased by 3.27%, as shares surge +22.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.01% upper at present.
During the last 5 trading sessions, RELL rose by +13.12%, which changed the moving average for the period of 200-days by -39.40% in comparison to the 20-day moving average, which settled at $9.00. In addition, Richardson Electronics, Ltd. saw -23.00% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RELL starting from Benham James, who purchase 2,500 shares at the price of $9.99 back on Jan 30 ’24. After this action, Benham James now owns 2,500 shares of Richardson Electronics, Ltd., valued at $24,975 using the latest closing price.
Halverson Kenneth, the Director of Richardson Electronics, Ltd., purchase 2,500 shares at $10.06 during a trade that took place back on Jan 29 ’24, which means that Halverson Kenneth is holding 2,500 shares at $25,162 based on the most recent closing price.
Stock Fundamentals for RELL
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.3 for the gross margin
The net margin for Richardson Electronics, Ltd. stands at 0.04. The total capital return value is set at 0.05. Equity return is now at value 1.67, with 1.33 for asset returns.
Based on Richardson Electronics, Ltd. (RELL), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -10.68.
Currently, EBITDA for the company is 28.62 million with net debt to EBITDA at -1.66. When we switch over and look at the enterprise to sales, we see a ratio of 0.55. The receivables turnover for the company is 9.45for trailing twelve months and the total asset turnover is 1.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.06.
Conclusion
In conclusion, Richardson Electronics, Ltd. (RELL) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
