Richtech Robotics (NASDAQ:RR) Stock Price Down 1.8%

May 30, 2024

47 1 minute read

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Richtech Robotics Inc. (NASDAQ:RR – Get Free Report)’s share price fell 1.8% on Wednesday . The company traded as low as $1.07 and last traded at $1.09. 121,458 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 303,740 shares. The stock had previously closed at $1.11.

Richtech Robotics Stock Down 1.8 %

The company’s 50 day moving average price is $1.42. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.16 and a current ratio of 4.26.

Richtech Robotics (NASDAQ:RR – Get Free Report) last posted its earnings results on Tuesday, May 14th. The company reported ($0.02) EPS for the quarter. The business had revenue of $1.17 million during the quarter.

Richtech Robotics Company Profile

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Richtech Robotics Inc develops, manufactures, deploys, and sells robotic solutions for automation in the service industry. The company offers indoor transport and delivery, sanitation, and food and beverage automation solutions, such as ADAM and ARM worker robots; delivery robots, including Matradee, Matradee X, Matradee L, Richie, and Robbie; and cleaning robots comprising DUST-E SX, and DUST-E MX, as well as accessories, such as bus tubs, cup holders, magnetic tray cases, smartwatches, table location systems, and tray covers.