The stock of Richtech Robotics Inc (NASDAQ:RR) last traded at $2.53, down -11.23% from the previous session.
RR stock price is now 19.53% away from the 50-day moving average and 55.69% away from the 200-day moving average. The market capitalization of the company currently stands at $290.45M.
With the price target of $3.50, H.C. Wainwright recently initiated with Buy rating for Richtech Robotics Inc (NASDAQ: RR). On March 18, 2025, Lake Street recently initiated its ‘Buy’ rating on the stock quoting a target price of $3
In other news, Casella Matthew G., President sold 60,000 shares of the company’s stock on Mar 13 ’25. The stock was sold for $100,080 at an average price of $1.67. Upon completion of the transaction, the President now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’25, Employee, Officer Matthew G. Casella bought 60,000 shares of the business’s stock. A total of $95,000 was incurred on buying the stock at an average price of $1.58. A total of 44.27% of the company’s stock is owned by insiders.
During the past 12 months, Richtech Robotics Inc has had a low of $0.30 and a high of $5.20. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 75.74, and a quick ratio of 73.23.
The net profit margin was -281.42% and return on equity was -37.39% for RR. The company reported revenue of $1.17 million for the quarter, compared to $1.17 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.17 percent.
