The stock of ReTo Eco-Solutions Inc. (NASDAQ:RETO) decreased by -$0.15 on Tuesday to finish at $0.79, down -15.51 percent. The last five days have seen an average of 8,557,280 shares of common stock traded. 12 times new highs were reached in the current year, with a fall of -$3.3100. The average number of shares traded over the last 20 days was 4,582,440, while the average volume over the last 50 days totaled 2,419,634.
RETO stock dropped -66.24% since last month. On 08/29/23, the company’s shares reached a one-month low of $0.7621. The stock touched a high of $8.00 on 08/23/23, after rallying from a low of $0.92 in 52 weeks. The price of RETO stock has declined by -80.73% or -$3.3100 this year, reaching a new high 12 times. Still, the stock price is down -90.12% from the 52-week high.
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Valuation Metrics
Beta for the stock is 1.86. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.94, the price-to-book (PB) ratio of 0.81.
Financial Health
For the recent quarter, ReTo Eco-Solutions Inc.’s quick ratio was 0.40, while its current ratio was 0.40, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.29, and the total debt to equity ratio is 1.79. As far as profitability goes, gross margin for the trailing twelve months is 12.50% percent. Based on annual data, it had gross profit of $0.81 million and revenue of $6.47 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. RETO’s return on assets (ROA) during the last 12 months has been -40.90%. There was a -125.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -110.10%.
Earnings Surprise
Net income for the quarter came in at $6.47 million, while revenues rose by 44.36% to $0.0. At the end of ReTo Eco-Solutions Inc.’s most recent quarter, its liabilities totaled 18.98 million, while its total debt was $7.94 million.
Technical Picture
Here’s a quick look at ReTo Eco-Solutions Inc.’s (RETO) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 28.46%, suggesting the stock is oversold, with a 879.71% historical volatility rate.
The stochastic %K and %D were 1.10% and 11.42% respectively, while the average true range (ATR) was 1.0889. Based on the 14-day stochastic reading of 0.42%, the RSI (14) reading is 34.35%. On the 9-day MACD Oscillator, the stock is at -2.8756, and the 14-day reading is at -2.9070.
Analyst Ratings
Analysts have assigned ReTo Eco-Solutions Inc. (RETO) an – rating. RETO is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
