Richtech Robotics Inc. (NASDAQ: RR)’s stock price has dropped by -5.63 in relation to previous closing price of 1.42. Nevertheless, the company has seen a loss of -24.72% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-28 that Richtech Robotics aims to address labor shortages in the hospitality industry by supplying robots. The market size for hospitality robots is projected to grow to $3.083 billion by 2030. Richtech Robotics claims to have competitive advantages such as a first mover advantage and a broad range of robot solutions.
Is It Worth Investing in Richtech Robotics Inc. (NASDAQ: RR) Right Now?
The public float for RR is 14.54M, and currently, short sellers hold a 1.59% ratio of that float. The average trading volume of RR on April 19, 2024 was 410.40K shares.
RR’s Market Performance
RR stock saw a decrease of -24.72% in the past week, with a monthly decline of -12.42% and a quarterly a decrease of -83.21%. The volatility ratio for the week is 12.28%, and the volatility levels for the last 30 days are 12.04% for Richtech Robotics Inc. (RR). The simple moving average for the past 20 days is -18.42% for RR’s stock, with a -63.30% simple moving average for the past 200 days.
RR Trading at -18.62% from the 50-Day Moving Average
After a stumble in the market that brought RR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.10% of loss for the given period.
Volatility was left at 12.04%, however, over the last 30 days, the volatility rate increased by 12.28%, as shares sank -20.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.89% lower at present.
During the last 5 trading sessions, RR fell by -24.72%, in comparison to the 20-day moving average, which settled at $1.6255. In addition, Richtech Robotics Inc. saw -77.48% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RR
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.69 for the gross margin
The net margin for Richtech Robotics Inc. stands at -0.21. The total capital return value is set at -0.07. Equity return is now at value -25.71, with -23.16 for asset returns.
Based on Richtech Robotics Inc. (RR), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -9.42. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -0.63.
Currently, EBITDA for the company is 0.29 million with net debt to EBITDA at 9.36. When we switch over and look at the enterprise to sales, we see a ratio of 9.14. The receivables turnover for the company is 2.7for trailing twelve months and the total asset turnover is 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.73.
Conclusion
To put it simply, Richtech Robotics Inc. (RR) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
