In the past week, RR stock has gone up by 2.17%, with a monthly gain of 2.17% and a quarterly surge of 24.78%. The volatility ratio for the week is 20.89%, and the volatility levels for the last 30 days are 40.25% for Richtech Robotics Inc. The simple moving average for the past 20 days is 40.72% for RR’s stock, with a -43.40% simple moving average for the past 200 days.
Is It Worth Investing in Richtech Robotics Inc. (NASDAQ: RR) Right Now?
The public float for RR is 24.98M, and currently, shorts hold a 4.21% of that float. The average trading volume for RR on August 30, 2024 was 12.68M shares.
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RR) stock’s latest price update
The stock price of Richtech Robotics Inc. (NASDAQ: RR) has plunged by -2.76 when compared to previous closing price of 1.45, but the company has seen a 2.17% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-29 that LAS VEGAS, Aug. 29, 2024 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the pricing of an upsized public offering of an aggregate of 15,555,557 shares of its Class B common stock (or Class B common stock equivalents in lieu thereof), warrants to purchase up to 15,555,557 shares of Class B common stock (the “Warrants”), at a combined public offering price of $1.35 per share (or per Class B common stock equivalent in lieu thereof) and accompanying Warrant. The Warrants will have an exercise price of $1.35 per share, will be exercisable immediately upon issuance and will expire on the five year anniversary of the initial issuance date. The closing of the offering is expected to occur on or about September 3, 2024, subject to the satisfaction of customary closing conditions.
RR Trading at 21.03% 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 -88.53% of loss for the given period.
Volatility was left at 40.25%, however, over the last 30 days, the volatility rate increased by 20.89%, as shares sank -4.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.50% upper at present.
During the last 5 trading sessions, RR rose by +1.09%, in comparison to the 20-day moving average, which settled at $0.9988. In addition, Richtech Robotics Inc. saw -76.30% 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:
- -0.15 for the present operating margin
- 0.71 for the gross margin
The net margin for Richtech Robotics Inc. stands at -0.33. The total capital return value is set at -0.14. 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 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at -1.07. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is -0.91.
Currently, EBITDA for the company is 0.29 million with net debt to EBITDA at 4.71. When we switch over and look at the enterprise to sales, we see a ratio of 11.24. The receivables turnover for the company is 2.91for 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 conclusion, Richtech Robotics Inc. (RR) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
