Richtech Robotics Inc (NASDAQ:RR) shares traded -3.75% lower at $2.31 on Wall Street last session.
RR stock price is now 7.98% away from the 50-day moving average and 38.92% away from the 200-day moving average. The market capitalization of the company currently stands at $265.20M.
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, Zheng Phil, Chief Operating Officer sold 105,213 shares of the company’s stock on May 29 ’25. The stock was sold for $277,762 at an average price of $2.64. Upon completion of the transaction, the Chief Operating Officer now directly owns 1,294,787 shares in the company, valued at $2.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 29 ’25, Officer Phil Zheng bought 200,000 shares of the business’s stock. A total of $534,000 was incurred on buying the stock at an average price of $2.67. 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. For the current quarter, analysts expect RR to generate $1.42M in revenue.
