Stock Buzz: Retractable Technologies Inc. (NYSE: RVP)

Tomas Palumbo

I am Tomas Palumbo and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions.

I am the driving force behind Up 24 News with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Healthcare” category.

Address: 1134 Russell Street, Cambridge, MA 02141, USA
Phone: (+1) 978-923-6667
Email: tomas.palumbo@up24news.com
Tomas Palumbo

LITTLE ELM, Texas, July 9, 2019 – Shares of Retractable Technologies Inc. (NYSE: RVP) showed the bullish trend with a higher momentum of 0.62% to $0.71. The company traded total volume of 17.919K shares as contrast to its average volume of 187.75K shares. The company has a market value of $23.17M and about 32.83M shares outstanding.

Retractable Technologies Inc. (RVP) reported a loss of $150.0K in its fourth quarter. On a per-share basis, the Little Elm, Texas-based Company said it had a loss of 1 cent. The syringe and medical products maker posted revenue of $8.30M in the period. For the year, the company reported that its loss narrowed to $1.30M, or 6 cents per share. Revenue was reported as $33.30M.

The Company offered net profit margin of -5.90% while its gross profit margin was 29.40%. ROE was recorded as -8.00% while beta factor was 0.65. The stock, as of recent close, has shown the weekly downbeat performance of -2.58% which was maintained at 18.62% in this year.

Avatar

Tomas Palumbo

I am Tomas Palumbo and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Up 24 News with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Healthcare” category. Address: 1134 Russell Street, Cambridge, MA 02141, USA Phone: (+1) 978-923-6667 Email: tomas.palumbo@up24news.com

Leave a Reply

Your email address will not be published. Required fields are marked *