Stocks of Richtech Robotics Inc (NASDAQ:RR) traded higher last session on Wall Street, down -2.06% to $1.9.
RR stock price is now -11.36% away from the 50-day moving average and 10.12% away from the 200-day moving average. The market capitalization of the company currently stands at $218.13M.
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 54,787 shares of the company’s stock on Jun 05 ’25. The stock was sold for $138,611 at an average price of $2.53. Upon completion of the transaction, the Chief Operating Officer now directly owns 1,200,000 shares in the company, valued at $2.28 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 03 ’25, Chief Operating Officer Zheng Phil sold 40,000 shares of the business’s stock. A total of $99,200 was realized by selling the stock at an average price of $2.48. This leaves the insider owning 1,254,787 shares of the company worth $2.38 million. A total of 38.89% 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 fifty day moving average price for RR is $2.1434 and a two-hundred day moving average price translates $1.725445 for the stock.
The latest earnings results from Richtech Robotics Inc (NASDAQ: RR) was released for 2025-03-31. 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.
