At the last check on Friday, ReTo Eco-Solutions Inc.’s (NASDAQ:RETO) stock was up $0.44, moving up 9.31 percent to $5.22. The average number of shares traded per day over the past five days has been 1,736,388 shares. 2 times new highs have been achieved over the past 5 days, with a $1.73 gain in that time frame. In the last twenty days, the average volume was 3,064,267, while in the previous 50 days, it was 1,518,957.
Since last month, RETO stock rose 203.78%. Shares of the company fell to $1.40 on 07/27/23, the lowest level in the past month. A 52-week high of $8.00 was reached on 08/15/23 after having rallying from a 52-week low of $1.00. Since the beginning of this year, RETO’s stock price has risen by 27.44% or $1.11, and marked a new high 8 times. However, the stock has declined by -34.67% since its 52-week high.
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Valuation Metrics
The stock’s beta is 1.37. Besides these, the trailing price-to-sales (P/S) ratio of 5.18, the price-to-book (PB) ratio of 5.33.
Financial Health
In the recent quarter, ReTo Eco-Solutions Inc.’s quick ratio stood at 0.40, while its current ratio was 0.40, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.29, and the total debt-to-equity ratio was 1.79. On the profitability front, the trailing twelve-month gross margin is 12.50% percent. Based on annual data, RETO earned $0.81 million in gross profit and brought in $6.47 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -125.90%. Return on equity (ROE) for the past 12 months was -110.10%.
RETO’s revenue rose 44.36% during the quarter, while net income inched up to $6.47 million. The liabilities of ReTo Eco-Solutions Inc. were 18.98 million at the end of its most recent quarter, and its total debt was $7.94 million.
Technical Picture
This quick technical analysis looks at ReTo Eco-Solutions Inc.’s (RETO) price momentum. With a historical volatility rate of 148.73%, the RSI 9-day stood at 82.95% on 17 August.
With respect to its five-day moving average, the current ReTo Eco-Solutions Inc. price is up by +49.72% percent or $1.73. At present, RETO shares trade +199.43% above its 20-day simple moving average and +25.54% percent above its 100-day simple moving average. However, the stock is currently trading approximately +266.91% above its SMA50 and -26.61% below its SMA200.
Stochastic coefficient K was 76.88% and Stochastic coefficient D was 73.64%, while ATR was 0.78. Given the Stochastic reading of 81.11% for the 14-day period, the RSI (14) reading has been calculated as 82.41%. As of today, the MACD Oscillator reading stands at 1.07, while the 14-day reading stands at 1.48.
Analyst Ratings
ReTo Eco-Solutions Inc. (RETO) has been rated – by analysts. According to 0 brokerage firms, RETO is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate ReTo Eco-Solutions Inc. stock as buy, with 0 recommending it as overweight.
