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Richtech Robotics Inc (RR) gets rating Initiated from H.C. Wainwright

Richtech Robotics Inc’s recently made public that its President Casella Matthew G. unloaded Company’s shares for reported $0.1 million on Mar 13 ’25. In the deal valued at $1.67 per share,60,000 shares were sold. As a result of this transaction, Casella Matthew G. now holds 0 shares worth roughly $0.0.

Then, Matthew G. Casella bought 60,000 shares, generating $95,000 in total proceeds.

Before that, King Bliss Ltd sold 2,200,000 shares. Richtech Robotics Inc shares valued at $756,360 were divested by the 10% Owner at a price of $0.34 per share. As a result of the transaction, King Bliss Ltd now holds 1,734,846 shares, worth roughly $3.59 million.

H.C. Wainwright initiated its Richtech Robotics Inc [RR] rating to a Buy in a research note published on April 11, 2025; the price target was $3.50. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating.

Price Performance Review of RR

On Monday, Richtech Robotics Inc [NASDAQ:RR] saw its stock fall -5.05% to $2.07. Over the last five days, the stock has lost -5.48%. Richtech Robotics Inc shares have fallen nearly -23.33% since the year began. Nevertheless, the stocks have risen 50.00% over the past one year. While a 52-week high of $5.20 was reached on 01/06/25, a 52-week low of $0.30 was recorded on 03/10/25. SMA at 50 days reached $1.95, while 200 days put it at $1.54.

Levels Of Support And Resistance For RR Stock

The 24-hour chart illustrates a support level at 1.95, which if violated will result in even more drops to 1.82. On the upside, there is a resistance level at 2.30. A further resistance level may holdings at 2.52. The Relative Strength Index (RSI) on the 14-day chart is 51.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.56%. Stochastics %K at 54.08% indicates the stock is a holding.

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