The 36-month beta value for RDGT is at 0.09.
The public float for RDGT is 6.15M, and currently, shorts hold a 0.15% of that float. The average trading volume for RDGT on March 10, 2025 was 407.90K shares.
RDGT) stock’s latest price update
Ridgetech Inc (NASDAQ: RDGT) has experienced a decline in its stock price by -11.69 compared to its previous closing price of 1.02. However, the company has seen a fall of -44.05% in its stock price over the last five trading days.
RDGT’s Market Performance
Ridgetech Inc (RDGT) has experienced a -44.05% fall in stock performance for the past week, with a -35.19% drop in the past month, and a -53.08% drop in the past quarter. The volatility ratio for the week is 56.63%, and the volatility levels for the past 30 days are at 19.01% for RDGT. The simple moving average for the past 20 days is -34.17% for RDGT’s stock, with a -54.85% simple moving average for the past 200 days.
RDGT Trading at -43.77% from the 50-Day Moving Average
After a stumble in the market that brought RDGT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.98% of loss for the given period.
Volatility was left at 19.01%, however, over the last 30 days, the volatility rate increased by 56.63%, as shares sank -39.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.73% lower at present.
During the last 5 trading sessions, RDGT fell by -44.05%, which changed the moving average for the period of 200-days by -65.09% in comparison to the 20-day moving average, which settled at $1.3683. In addition, Ridgetech Inc saw -49.11% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RDGT
Equity return is now at value -27.69, with -5.91 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
In conclusion, Ridgetech Inc (RDGT) 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.
