A Closer Look at Retractable Technologies Inc (RVP) Stock Gains


The stock market performance of Retractable Technologies Inc has been very steady. Over the last year, the company’s stock hit its highest at $1.34 on 02/22/24, while the lowest price during the same time frame was $0.87, recorded on 05/22/24.

52-week price history of RVP Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Retractable Technologies Inc’s current trading price is -15.67% away from its 52-week high, while its distance from the 52-week low is 30.03%. The stock’s price range during this period has fluctuated between $0.87 and $1.34. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 0.59 million for the day, which was evidently higher than the average daily volume of 94640.0 over the last three months.

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Financial Performance and Market Capitalization

Retractable Technologies Inc (RVP) has experienced a quarterly decline of -7.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 33.83M and boasts a workforce of 151 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1484, with a change in price of -0.0700. Similarly, Retractable Technologies Inc recorded 89,730 in trading volume during the last 100 days, posting a change of -5.83%.

RVP Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RVP stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.

RVP Stock Stochastic Average

The raw stochastic average for Retractable Technologies Inc over the last 50 days is presently at 74.36%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 74.36%. Further, the company’s Stochastic %K and %D values for the last 20 days were 70.54% and 70.09%, respectively.

RVP Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded an increase of 1.80%. However, over the last six months, the performance has been weaker by 2.73%. The price of RVP increased 3.67% over the last 30 days. And in the last five days, it has surged by 15.22%.

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