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RDGT
Stock ticker: NASDAQ
AS OF
Apr 10, 04:41 PM (EDT)
Price
$1.05
Change
+$0.02 (+1.94%)
Capitalization
108.31M

RDGT stock forecast, quote, news & analysis

Ridgetech Inc formerly China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products... Show more

RDGT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for RDGT with price predictions
Apr 09, 2025

RDGT saw its Stochastic Oscillator recovers from the overbought zone

The Stochastic Oscillator for RDGT moved out of overbought territory on March 31, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 43 similar instances where the indicator exited the overbought zone. In of the 43 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 09, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RDGT as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RDGT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

RDGT broke above its upper Bollinger Band on March 26, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RDGT's RSI Oscillator exited the oversold zone, of 38 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for RDGT just turned positive on March 24, 2025. Looking at past instances where RDGT's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

Following a +3 3-day Advance, the price is estimated to grow further. Considering data from situations where RDGT advanced for three days, in of 217 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RDGT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.012) is normal, around the industry mean (3.463). P/E Ratio (0.000) is within average values for comparable stocks, (181.246). RDGT's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.915). Dividend Yield (0.000) settles around the average of (0.050) among similar stocks. RDGT's P/S Ratio (0.011) is slightly lower than the industry average of (0.903).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RDGT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 96, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Walgreens Boots Alliance (NASDAQ:WBA).

Industry description

The drugstore chains industry includes stores that sell medicines (both prescription and non-prescription), health, beauty and personal care products. Over time, many pharmacy retail chains have launched their own pharmacy benefits management services. Since demand for medical products is typically less sensitive to economic cycles, drugstore retail chains industry could be largely considered as non-cyclical. CVS Health Corporation, Walgreens Boots Alliance Inc. and Rite Aid Corporation are some of the biggest operators in this industry.

Market Cap

The average market capitalization across the Drugstore Chains Industry is 4.21B. The market cap for tickers in the group ranges from 3.29K to 18.71B. WBA holds the highest valuation in this group at 18.71B. The lowest valued company is RLLVF at 3.29K.

High and low price notable news

The average weekly price growth across all stocks in the Drugstore Chains Industry was -2%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -16%. RADLY experienced the highest price growth at 17%, while SCNX experienced the biggest fall at -32%.

Volume

The average weekly volume growth across all stocks in the Drugstore Chains Industry was 119%. For the same stocks of the Industry, the average monthly volume growth was -44% and the average quarterly volume growth was 12%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 58
P/E Growth Rating: 65
Price Growth Rating: 65
SMR Rating: 66
Profit Risk Rating: 95
Seasonality Score: -14 (-100 ... +100)
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RDGT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

an operator of retail pharmacy chain

Industry DrugstoreChains

Profile
Fundamentals
Details
Industry
Drugstore Chains
Address
386 Shangtang Road
Phone
+86 57188219579
Employees
938
Web
http://www.jiuzhou360.com