Richtech Robotics Inc. (RR) Shares Decline Despite Market Challenges

Richtech Robotics Inc. (NASDAQ: RR) has experienced a decline in its stock price by -0.95 compared to its previous closing price of 0.59. However, the company has seen a gain of 8.26% in its stock price over the last five trading days. invezz.com reported 2024-08-12 that Rolls-Royce (LON: RR) share price has held steady this year, making it one of the best-performing companies in the FTSE 100 index. It has risen by over 64% this year, giving it a market cap of over £41 billion.

Is It Worth Investing in Richtech Robotics Inc. (NASDAQ: RR) Right Now?

The public float for RR is 14.74M, and currently, short sellers hold a 13.69% ratio of that floaft. The average trading volume of RR on August 16, 2024 was 8.21M shares.

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RR’s Market Performance

RR’s stock has seen a 8.26% increase for the week, with a -51.09% drop in the past month and a -55.37% fall in the past quarter. The volatility ratio for the week is 17.59%, and the volatility levels for the past 30 days are at 40.52% for Richtech Robotics Inc. The simple moving average for the past 20 days is -42.80% for RR’s stock, with a -77.03% simple moving average for the past 200 days.

RR Trading at -49.26% 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 -95.22% of loss for the given period.

Volatility was left at 40.52%, however, over the last 30 days, the volatility rate increased by 17.59%, as shares sank -60.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -50.10% lower at present.

During the last 5 trading sessions, RR rose by +5.87%, in comparison to the 20-day moving average, which settled at $0.9813. In addition, Richtech Robotics Inc. saw -90.14% 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:

  • -0.12 for the present operating margin
  • 0.69 for the gross margin

The net margin for Richtech Robotics Inc. stands at -0.26. The total capital return value is set at -0.1. Equity return is now at value -51.43, with -34.67 for asset returns.

Based on Richtech Robotics Inc. (RR), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -1.64. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is -0.75.

Currently, EBITDA for the company is 0.29 million with net debt to EBITDA at 5.66. When we switch over and look at the enterprise to sales, we see a ratio of 3.64. The receivables turnover for the company is 2.29for trailing twelve months and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.27.

Conclusion

In a nutshell, Richtech Robotics Inc. (RR) has experienced a bad performance in recent times. The stock has received mixed “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.

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