In Wednesday’s Wall Street session, Richtech Robotics Inc (NASDAQ:RR) shares traded at $2.41, up 6.17% from the previous session.
RR stock price is now 21.06% away from the 50-day moving average and 53.53% away from the 200-day moving average. The market capitalization of the company currently stands at $276.67M.
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 0.01, a current ratio of 39.74, and a quick ratio of 38.33. The fifty day moving average price for RR is $1.9907 and a two-hundred day moving average price translates $1.56975 for the stock.
The latest earnings results from Richtech Robotics Inc (NASDAQ: RR) was released for 2024-12-31. The net profit margin was -203.62% and return on equity was -29.19% for RR. The company reported revenue of $1.26 million for the quarter, compared to $1.11 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.65 percent.
