Can Richtech Robotics Inc (RR) stock recover despite sales dropping?

In Wednesday’s Wall Street session, Richtech Robotics Inc (NASDAQ:RR) shares traded at $1.63, down -1.21% from the previous session.

RR stock price is now -36.88% away from the 50-day moving average and 17.37% away from the 200-day moving average. The market capitalization of the company currently stands at $186.64M.

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In other news, Matthew G. Casella, Employee, Officer bought 60,000 shares of the company’s stock on Mar 12 ’25. The stock was bought for $95,000 at an average price of $1.58. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 08 ’24, 10% Owner King Bliss Ltd sold 2,200,000 shares of the business’s stock. A total of $756,360 was realized by selling the stock at an average price of $0.34. This leaves the insider owning 1,734,846 shares of the company worth $2.83 million. A total of 44.67% 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 $2.5825 and a two-hundred day moving average price translates $1.388775 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.

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