ReTo Eco-Solutions Inc. (RETO) is priced at $0.88 after the most recent trading session. At the very opening of the session, the stock price was $0.77 and reached a high price of $0.899, prior to closing the session it reached the value of $0.77. The stock touched a low price of $0.77.
Recently in News on December 22, 2020, ReTo Eco-Solutions Reports First Half of 2020 Financial Results. ReTo Eco-Solutions, Inc. (NASDAQ: RETO) (“ReTo” or the “Company”), a provider of technology solutions for the improvement of ecological environments, today announced its financial results for the six months ended June 30, 2020. ReTo is a manufacturer and distributor of eco-friendly construction materials as well as equipment used for the production of eco-friendly construction materials. ReTo also engages in consultation, design, project implementation, and construction of urban ecological projects, including those for the purpose of capturing, controlling, and reusing rainwater, commonly called “sponge cities.”. You can read further details here
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ReTo Eco-Solutions Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.8990 on 01/12/21, with the lowest value was $0.6700 for the same time period, recorded on 01/04/21.
ReTo Eco-Solutions Inc. (RETO) full year performance was -9.77%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ReTo Eco-Solutions Inc. shares are logging -54.41% during the 52-week period from high price, and 191.77% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.30 and $1.92.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1561720 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ReTo Eco-Solutions Inc. (RETO) recorded performance in the market was 31.72%, having the revenues showcasing 51.99% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 20.61M, as it employees total of 139 workers.
Specialists analysis on ReTo Eco-Solutions Inc. (RETO)
During the last month, 0 analysts gave the ReTo Eco-Solutions Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.6311, with a change in the price was noted +0.1453. In a similar fashion, ReTo Eco-Solutions Inc. posted a movement of +19.90% for the period of last 100 days, recording 1,249,293 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for RETO is recording 0.44 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.19.
Trends and Technical analysis: ReTo Eco-Solutions Inc. (RETO)
Raw Stochastic average of ReTo Eco-Solutions Inc. in the period of last 50 days is set at 93.54%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 92.06%. In the last 20 days, the company’s Stochastic %K was 76.49% and its Stochastic %D was recorded 69.96%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 31.72%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -16.64%, alongside a downfall of -9.77% for the period of the last 12 months. The shares increased approximately by 14.12% in the 7-day charts and went down by 28.34% in the period of the last 30 days. Common stock shares were driven by 51.99% during last recorded quarter.