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How to Buy Richtech Robotics Stock

Richtech Robotics Inc

Richtech Robotics Inc. develops, manufactures, deploys, and sells robotic solutions for automation in the service industry.

Richtech Robotics stock last closed at $1.37, up 1.48% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by N/A percentage points. Richtech Robotics stock is currently +18.1% from its 52-week low of $1.16, and -88.85% from its 52-week high of $12.29.

At the moment, there are 65.64M RR shares outstanding. The market value of RR is $89.93M. In the past 24 hours, 211,943 RR shares were traded.

How to Buy Richtech Robotics Stock

Wondering how to invest in Richtech Robotics stock? Here's how.
  1. Decide where to buy Richtech Robotics stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Richtech Robotics stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your method of payment and add your information.
  4. Research Richtech Robotics stock: The Richtech Robotics ticker symbol is RR. Is Richtech Robotics stock a good investment? Should you buy shares of RR? How do RR's underlying business fundamentals look? Do top analysts think Richtech Robotics is a good buy? Why has RR's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if RR is a good stock to buy).
  5. Make your RR buy order: Decide if you will purchase RR shares at the current market price or use a limit order to buy RR shares at a particular price.
  6. Get notifications regarding your RR position: Create a watchlist to keep tabs on your investment in Richtech Robotics shares.

Step 1: Decide where to buy Richtech Robotics stock

You will need an online brokerage account to access the NASDAQ market and buy RR stock.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal info so you can invest in RR today.

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  2. Provide your personal info to open your new brokerage account.
  1. Send your data by hitting the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have filled out your info on a good stock buying app, you need to deposit funds:

Watch this video walkthrough to see the process of transferring funds into your investment account.

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Step 4: Research Richtech Robotics stock

Once you have selected the best place to buy Richtech Robotics stock, it's very important to analyze their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.

Richtech Robotics stock quick numbers

RR Price
$1.37
1w %
3.79%
1y %
N/A
5y %
N/A
P/E
N/A
P/B
7.93x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$89.93M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of RR

WallStreetZen was designed to help everyday investors perform better fundamental analysis.

You can see all of the due diligence checks on RR's stock page.

Is RR stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge RR's true value.

Using relative valuations metrics:

  • RR could be overvalued based on its P/B ratio of 7.93x, relative to Specialty Industrial Machinery industry P/B ratio of 5.22x

You can do additional valuation analysis on RR's stock here.

RR Financial Health Summary

Signs that RR is financially healthy:

  • There are more short-term assets than long-term liabilities on the RR balance sheet.
  • RR has a low debt to equity ratio of 0.09.
  • There are more short-term assets than short-term liabilities on the RR balance sheet.

RR Technical Indicators

SMA10
1.34
SMA20
1.34
SMA50
1.49
SMA100
3.01
SMA200
N/A
MACD
-0.08
MACD Signal
-0.1
MACD Histogram
0.02
RSI
46.19
Stochastic %K
55.88
Stochastic %D
48.24
StochRSI %K
87.81
StochRSI %D
76.09

Who is buying/selling RR?

In the past year, insiders at RR have not bought or sold any shares.

Learn more about who owns RR shares here.

Does RR stock generate passive income?

No, Richtech Robotics doesn't provide an income stream by paying out dividends.

What do other traders have to say about RR?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your RR buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price, place a limit order.

Hit the Open button and your broker will place your order.

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Step 6: Get notifications regarding your RR position

Now that you own some shares in RR, you'll want to keep up with your company.

Start a watchlist to get alerted to the latest events about your RR stock.

RR Feed

How to Buy Stock in Richtech Robotics

To reiterate, here are the 6 steps to buy Richtech Robotics stock:

  1. Decide where to buy Richtech Robotics stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Research Richtech Robotics stock
  5. Make your RR buy order
  6. Get notifications regarding your RR position

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Richtech Robotics, create a watchlist today.

NASDAQ: RR
$1.37+0.02 (+1.48%)
Updated May 10, 2024
Open eToro Account
NASDAQ: RR
$1.37+0.02 (+1.48%)
Updated May 10, 2024
Open eToro Account

FAQ

How much does it cost to buy one Richtech Robotics share?

As of May 10, 2024, it costs $1.37 to buy one share of Richtech Robotics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.69, you can buy 0.5 shares of RR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Richtech Robotics stock?

One way to place an order for Richtech Robotics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.