The key reasons why Richtech Robotics Inc (RR) is -94.95% away from 52-week high?

Richtech Robotics Inc (NASDAQ: RR) started the day on Thursday, with a price increase of 8.62% at $0.62, before settling in for the price of $0.57 at the close. Taking a more long-term approach, RR posted a 52-week range of $0.30-$12.29.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 22.55%. This publicly-traded company’s shares outstanding now amounts to $90.28 million, simultaneously with a float of $39.83 million. The organization now has a market capitalization sitting at $59.26 million. At the time of writing, stock’s 50-day Moving Average stood at $0.8148, while the 200-day Moving Average is $1.3016.

Richtech Robotics Inc (RR) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Industrial Machinery Industry. Richtech Robotics Inc’s current insider ownership accounts for 55.89%, in contrast to 0.33% institutional ownership. According to the most recent insider trade that took place on Aug 08 ’24, this organization’s 10% Owner sold 2,200,000 shares at the rate of 0.34, making the entire transaction reach 756,360 in total value, affecting insider ownership by 1,734,846.

Richtech Robotics Inc (NASDAQ: RR) Trading Performance Indicators

Let’s observe the current performance indicators for Richtech Robotics Inc (RR). It’s Quick Ratio in the last reported quarter now stands at 3.17. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.51.

In the same vein, RR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.04.

Technical Analysis of Richtech Robotics Inc (RR)

If we take a close look at the recent performances of Richtech Robotics Inc (NASDAQ: RR), its last 5-days Average volume was 2.82 million that shows plunge from its year to date volume of 5.03 million. During the previous 9 days, stock’s Stochastic %D was recorded 23.31% While, its Average True Range was 0.0686.

Raw Stochastic average of Richtech Robotics Inc (RR) in the period of the previous 100 days is set at 13.94%, which indicates a major fall in contrast to 38.17% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 107.33% that was lower than 269.03% volatility it exhibited in the past 100-days period.