Richtech Robotics Inc (RR) poses a Brand-New Opportunity for Investors with beta value of -1.76

Witnessing the stock’s movement on the chart, on Thursday, Richtech Robotics Inc (NASDAQ: RR) had a quiet start as it plunged -7.26% to $1.15, before settling in for the price of $1.24 at the close. Taking a more long-term approach, RR posted a 52-week range of $0.30-$12.29.

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It was noted that the giant of the Industrials sector posted annual sales growth of 22.55% over the last 5 years. This publicly-traded company’s shares outstanding now amounts to $95.41 million, simultaneously with a float of $44.95 million. The organization now has a market capitalization sitting at $109.72 million. At the time of writing, stock’s 50-day Moving Average stood at $0.7156, while the 200-day Moving Average is $1.0957.

Richtech Robotics Inc (RR) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Industrial Machinery industry. Richtech Robotics Inc’s current insider ownership accounts for 52.88%, in contrast to 1.61% 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 0.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.04.

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)

Going through the that latest performance of [Richtech Robotics Inc, RR]. Its last 5-days volume of 23.76 million indicated improvement to the volume of 5.27 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 56.67% While, its Average True Range was 0.2383.

Raw Stochastic average of Richtech Robotics Inc (RR) in the period of the previous 100 days is set at 48.79%, which indicates a major fall in contrast to 50.70% 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 181.04% that was lower than 272.36% volatility it exhibited in the past 100-days period.