Retractable Technologies Inc (RVP) Stock: Analyzing the Market Value

The 36-month beta value for RVP is at 2.02. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for RVP is 13.22M, and currently, shorts hold a 0.25% of that float. The average trading volume for RVP on November 15, 2024 was 83.88K shares.

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RVP) stock’s latest price update

Retractable Technologies Inc (AMEX: RVP)’s stock price has dropped by -9.52 in relation to previous closing price of 0.69. Nevertheless, the company has seen a loss of -14.36% in its stock price over the last five trading days. businesswire.com reported 2024-11-14 that LITTLE ELM, Texas–(BUSINESS WIRE)–Retractable Technologies, Inc. (NYSE American: RVP) reports total net sales of $10.3 million for the third quarter of 2024 and an operating loss of $5.1 million for the period, as compared to total net sales for the same period last year of $10.3 million and an operating loss of $936 thousand. For the first nine months of the year, net sales were $24.0 million and operating losses were $13.9 million as compared to 2023 net revenues of $29.3 million and operat.

RVP’s Market Performance

Retractable Technologies Inc (RVP) has experienced a -14.36% fall in stock performance for the past week, with a -20.78% drop in the past month, and a -36.20% drop in the past quarter. The volatility ratio for the week is 5.01%, and the volatility levels for the past 30 days are at 3.68% for RVP. The simple moving average for the past 20 days is -13.78% for RVP’s stock, with a -39.33% simple moving average for the past 200 days.

RVP Trading at -19.28% from the 50-Day Moving Average

After a stumble in the market that brought RVP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.34% of loss for the given period.

Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 5.01%, as shares sank -17.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -31.60% lower at present.

During the last 5 trading sessions, RVP fell by -14.36%, which changed the moving average for the period of 200-days by -47.02% in comparison to the 20-day moving average, which settled at $0.7251. In addition, Retractable Technologies Inc saw -43.68% 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 RVP starting from SHAW THOMAS J, who purchase 7,736 shares at the price of $0.70 back on Nov 13 ’24. After this action, SHAW THOMAS J now owns 14,844,364 shares of Retractable Technologies Inc, valued at $5,423 using the latest closing price.

SHAW THOMAS J, the PRESIDENT AND CEO of Retractable Technologies Inc, purchase 11,477 shares at $0.71 during a trade that took place back on Nov 12 ’24, which means that SHAW THOMAS J is holding 14,836,628 shares at $8,151 based on the most recent closing price.

Stock Fundamentals for RVP

Current profitability levels for the company are sitting at:

  • -0.34 for the present operating margin
  • 0.06 for the gross margin

The net margin for Retractable Technologies Inc stands at -0.32. The total capital return value is set at -0.11. Equity return is now at value -18.91, with -10.28 for asset returns.

Based on Retractable Technologies Inc (RVP), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 3.79. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -238.51.

Currently, EBITDA for the company is -1.24 million with net debt to EBITDA at 0.53. When we switch over and look at the enterprise to sales, we see a ratio of 0.33. The receivables turnover for the company is 5.61for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.51.

Conclusion

In conclusion, Retractable Technologies Inc (RVP) has had a bad 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.

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