Richtech Robotics Inc (RR) can make a big difference with a little luck

With 1.01 million shares changed hands, the volume of the stock remained lighter than its average volume of 9.06 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $0.6344 whereas the lowest price it dropped to was $0.5911. The 52-week range on RR shows that it touched its highest point at $12.29 and its lowest point at $0.30 during that stretch. Beta for the stock currently stands at 1.31.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RR was up-trending over the past week, with a rise of 0.21%, but this was down by -12.55% over a month. Three-month performance surged to 28.34% while six-month performance fell -54.84%.

Float and Shares Shorts:

At present, 90.28 million RR shares are outstanding with a float of 39.83 million shares on hand for trading. On 2024-10-31, short shares totaled 3.88 million, which was 405.99998 higher than short shares on 1727654400. In addition to Mr. Zhenwu Huang as the firm’s Co-Founder, CEO & Director, Mr. Zhenqiang Huang serves as its Co-Founder, CFO & Director.

Institutional Ownership:

Through their ownership of 0.01937 of RR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, RR reported revenue of $1443000.0 and operating income of -$895000.0. The EBITDA in the recently reported quarter was -$895000.0 and diluted EPS was -$0.02.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RR since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.