How to Buy Rectitude Holdings Stock
Rectitude Holdings Ltd
Rectitude Holdings is a retail company located in Singapore, which is part of the Consumer Cyclical sector, and is traded under the ticker RECT on the NASDAQ exchange.
Rectitude Holdings stock last closed at $3.24, up 2.21% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Specialty Retail industry by N/A percentage points. Rectitude Holdings stock is currently +20% from its 52-week low of $2.70, and -23.76% from its 52-week high of $4.25.
There are currently 14.5M RECT shares outstanding. The market value of RECT is $46.98M. In the last 24 hours, 10,064 RECT shares were traded.
How to Buy Rectitude Holdings Stock
Wondering how to invest in Rectitude Holdings stock? Here's how.
- Choose where to buy Rectitude Holdings stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Rectitude Holdings stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your info.
- Analyze Rectitude Holdings stock: The Rectitude Holdings ticker symbol is RECT. Is Rectitude Holdings stock a good investment? Should you buy shares of RECT? How do RECT's underlying business fundamentals look? Do top analysts think Rectitude Holdings is a good buy? Why has RECT's stock price moved recently? (Hint: Our stock market research tools can help you understand if RECT is a good stock to buy).
- Make your RECT buy order: Decide if you will purchase RECT shares at the current market price or use a limit order to purchase RECT shares at a specific price.
- Get key alerts regarding your investment in RECT: Create a watchlist to keep tabs on your position in Rectitude Holdings stock.
Step 1: Choose where to buy Rectitude Holdings stock
You will need a brokerage account in order to access the NASDAQ market and buy RECT shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you can buy RECT stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new brokerage account.
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Step 3: Deposit funds into your investment account
Now that you've filled out your info on the best investment app, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring money into your investment account.
Step 4: Analyze Rectitude Holdings stock
After you have identified the best place to buy Rectitude Holdings stock, it's critical to analyze their stock prior to investing, so you can comprehend the risk and opportunity.
Overview of key RECT info
RECT Fundamentals
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on RECT's stock page.
Is RECT stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge RECT's fair value.
Using relative valuations metrics:
- RECT may be undervalued based on its P/E ratio of 12x, relative to Specialty Retail industry P/E ratio of 26.37x
- RECT could be undervalued based on its P/B ratio of 3.22x, relative to Specialty Retail industry P/B ratio of 9.78x
- RECT could be undervalued based on its PEG ratio of 0.63x
You can do more valuation analysis on RECT's stock here.
RECT Financial Health
Pros:
- RECT's operating cash flow of $4.20M allows it to safely service it's debt of $8.94M.
- There are more short-term assets than short-term liabilities on the RECT balance sheet.
- RECT earnings of $4.36M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the RECT balance sheet.
Cons:
- RECT profit margin has gone down from 10.4% to 8.1% in the past year.
- RECT has a relatively high debt to equity ratio of 1.35.
RECT Momentum
RECT Performance Metrics
Last year, RECT earnings were $3.36M. In the last two year, RECT's earnings have gone up by 26.03% per year. This was faster than the Specialty Retail industry average of 17.67%.
Last year, RECT revenue was $41.35M. Over the past 2 year, RECT's revenue has grown by 17.77% per year. This was faster than the Specialty Retail industry average of 8.89%.
Learn more about RECT's earnings and revenue performance here.
Who is buying/selling RECT?
Over the last year, insiders at RECT have not bought or sold any shares.
Learn more about who owns RECT stock here.
Does RECT stock generate passive income?
No, Rectitude Holdings doesn't provide an income stream by paying out dividends.
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Step 5: Make your RECT buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open Trade button and your broker will place your order.
If you need more info about buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in RECT
Now that you own some RECT stock, you'll want to keep up with your new investment.
Add RECT to a watchlist to get alerted to the latest events about your RECT stock.
RECT Feed
How to Buy Stock in Rectitude Holdings
To summarize, here are the 6 steps to buy stock in Rectitude Holdings:
- Choose where to buy Rectitude Holdings stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Rectitude Holdings stock
- Make your RECT buy order
- Get key alerts regarding your investment in RECT
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Rectitude Holdings, add RECT to your watchlist below.
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