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RDGT
Stock ticker: NASDAQ
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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
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Gain/Loss:
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a Summary for RDGT with price predictions
Aug 21, 2026

RDGT in -2.09% downward trend, declining for three consecutive days on August 20, 2026

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where RDGT declined for three days, in of 322 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

RDGT moved below its 50-day moving average on July 21, 2026 date and that indicates a change from an upward trend to a downward trend.

The Aroon Indicator for RDGT entered a downward trend on August 11, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where RDGT's RSI Indicator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 21 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The Momentum Indicator moved above the 0 level on August 12, 2026. You may want to consider a long position or call options on RDGT as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

RDGT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to slightly better than 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 (0.072) is normal, around the industry mean (1.343). P/E Ratio (0.000) is within average values for comparable stocks, (128.278). RDGT's Dividend Yield (0.000) is considerably lower than the industry average of (0.085). P/S Ratio (0.000) is also within normal values, averaging (3.344).

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

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 100, placing this stock worse than average.

A.I.Advisor
published Highlights

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 56.43M. The market cap for tickers in the group ranges from 3.29K to 18.63B. JDHIF holds the highest valuation in this group at 18.63B. 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 -1%. For the same Industry, the average monthly price growth was -13%, and the average quarterly price growth was -41%. HITI experienced the highest price growth at 4%, while PETS experienced the biggest fall at -4%.

Volume

The average weekly volume growth across all stocks in the Drugstore Chains Industry was -79%. For the same stocks of the Industry, the average monthly volume growth was -27% and the average quarterly volume growth was -46%

Fundamental Analysis Ratings

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

Valuation Rating: 45
P/E Growth Rating: 91
Price Growth Rating: 74
SMR Rating: 83
Profit Risk Rating: 100
Seasonality Score: -41 (-100 ... +100)
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RDGT
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published General Information

General Information

an operator of retail pharmacy chain

Industry DrugstoreChains

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Drugstore Chains
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RDGT in -2.09% downward trend, sliding for three consecutive days on August 20, 2026