Richtech Robotics (NASDAQ:RR) Releases Earnings Results

Richtech Robotics (NASDAQ:RR) posted its quarterly earnings results on Wednesday. The company reported ($0.02) EPS for the quarter, reports. The firm had revenue of $1.44 million during the quarter.

Richtech Robotics Price Performance

Richtech Robotics stock traded up $0.16 during midday trading on Friday, reaching $0.75. The company’s stock had a trading volume of 22,741,702 shares, compared to its average volume of 3,599,459. Richtech Robotics has a fifty-two week low of $0.30 and a fifty-two week high of $12.29. The stock’s 50 day simple moving average is $1.15 and its 200 day simple moving average is $1.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.26 and a quick ratio of 4.16.

Institutional Trading of Richtech Robotics

An institutional investor recently bought a new position in Richtech Robotics stock. Renaissance Technologies LLC acquired a new position in shares of Richtech Robotics Inc. (NASDAQ:RR) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 108,400 shares of the company’s stock, valued at approximately $142,000. Renaissance Technologies LLC owned about 0.16% of Richtech Robotics as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 0.01% of the company’s stock.

Richtech Robotics Company Profile

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.