Should You Invest In Richtech Robotics Inc. (NASDAQ: RR) In 2024?

In the last trading session, 21.91 million Richtech Robotics Inc. (NASDAQ:RR) shares changed hands as the company’s beta touched 0. With the company’s per share price at $0.75 changed hands at $0.16 or 27.00% during last session, the market valuation stood at $48.19M. RR’s last price was a discount, traded about -1538.67% off its 52-week high of $12.29. The share price had its 52-week low at $0.30, which suggests the last value was 60.0% up since then. When we look at Richtech Robotics Inc.’s average trading volume, we note the 10-day average is 34.01 million shares, with the 3-month average coming to 8.21 million.

Analysts gave the Richtech Robotics Inc. (RR) stock a consensus recommendation rating of Sell. If we narrow down to specifics, the data shows that 1 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended RR as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.

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Richtech Robotics Inc. (NASDAQ:RR) trade information

Instantly RR was in green as seen at the end of in last trading. With action 38.81%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -87.35%, with the 5-day performance at 38.81% in the green. However, in the 30-day time frame, Richtech Robotics Inc. (NASDAQ:RR) is -37.29% down. Looking at the short shares, we see there were 2.02 million shares sold at short interest cover period of 0.25 days.