Boom Or Bust: What Is Next For Richtech Robotics Inc (NASDAQ: RR) Stock?

Richtech Robotics Inc (NASDAQ:RR)’s traded shares stood at 3.78 million during the last session, with the company’s beta value hitting -4.78. At the close of trading, the stock’s price was $1.79, to imply a decrease of -6.28% or -$0.12 in intraday trading. The RR share’s 52-week high remains $5.20, putting it -190.5% down since that peak but still an impressive 83.24% since price per share fell to its 52-week low of $0.30. The company has a valuation of $204.96M, with an average of 7.0 million shares in intraday trading volume over the past 10 days and average of 14.03 million shares over the past 3 months.

Analysts have given a consensus recommendation of Sell for Richtech Robotics Inc (RR), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 1 analyst(s) give RR a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.04.

Richtech Robotics Inc (NASDAQ:RR) trade information

After registering a -6.28% downside in the last session, Richtech Robotics Inc (RR) has traded red over the past five days. The 5-day price performance for the stock is -9.60%, and 9.82% over 30 days. With these gigs, the year-to-date price performance is -33.70%. Short interest in Richtech Robotics Inc (NASDAQ:RR) saw shorts transact 12.25 million shares and set a 1.46 days time to cover.

Revenue forecast for the current quarter as set by 1 analysts is 1.38M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 1.52M.

RR Dividends

Richtech Robotics Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Richtech Robotics Inc (NASDAQ:RR)’s Major holders

Richtech Robotics Inc insiders hold 4.34% of total outstanding shares, with institutional holders owning 4.43% of the shares at 4.63% float percentage. In total, 4.43% institutions holds shares in the company.