Richtech Robotics
RR
Market cap $67.9M

0.7122 USD

+0.0049

0.69%

At close Oct 17, 4:00 PM EDT

After hours

0.7100

-0.0022

0.31%

1 day

0.69%

5 days

1.74%

1 month

-20.76%

3 months

-44.36%

6 months

-49.85%

Year to date

-88.23%

1 year

-86.43%

5 years

-86.43%

About: Richtech Robotics Inc is a developer of new robotic technologies focused on transforming labor-intensive services in hospitality and other sectors currently experiencing unprecedented labor shortages. The company designed, manufacture and sell robots to restaurants, hotels, senior living centers, casinos, factories, movie theaters and other businesses. Its robots perform a variety of services including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation. The company designs its robots to be friendly, customizable to client environments, and extremely reliable.

Employees: 51

Industrials General Industrial Machinery & Equipment, Not Elsewhere Classified

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

346% more capital invested

Capital invested by funds: $77.8K [Q1] → $347K (+$269K) [Q2]

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

100% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 1

71% more funds holding

Funds holding: 7 [Q1] → 12 (+5) [Q2]

0.84% more ownership

Funds ownership: 0.26% [Q1] → 1.09% (+0.84%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for RR.

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about RR published over the past 30 days

Richtech Robotics Expands Agreement with Ghost Kitchens to Manage 20 Additional Walmart-Located Restaurants, Growing its Restaurant Operations Model

Company's subsidiary, AlphaMax Management LLC, will optimize operations through the use of robotics and AI cloud technology at restaurants across Arizona, Colorado, and Texas

Richtech Robotics Expands Agreement with Ghost Kitchens to Manage 20 Additional Walmart-Located Restaurants, Growing its Restaurant Operations Model

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Richtech Robotics Signs Distribution Agreement with Sproutmation, LLC, Commercial Robotics and Automation Solutions Delivery Provider

First purchase order under agreement is for 20 Scorpion units LAS VEGAS, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada-based provider of AI-driven service robots, today announces it has signed a distribution agreement with Sproutmation, LLC (“Sproutmation”), a commercial robotics and automation solutions delivery provider. Sproutmation's first purchase order is for 20 Scorpion units.

Richtech Robotics Signs Distribution Agreement with Sproutmation, LLC, Commercial Robotics and Automation Solutions Delivery Provider

Rolls-Royce share price surged: is Tufan Erginbilgiç just lucky?

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Rolls-Royce share price surged: is Tufan Erginbilgiç just lucky?

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Red alert as Rolls-Royce share price forms bearish divergence

Richtech Robotics Introduces Scorpion, an AI-Powered Single-Arm Beverage Service Robot, and Announces Distribution Partnership for 500 Robots Over Five Years

Leveraging NVIDIA accelerated computing and offering personalized drinks, Scorpion is expected to save costs, generate revenue, and provide an unforgettable customer experience

Richtech Robotics Introduces Scorpion, an AI-Powered Single-Arm Beverage Service Robot, and Announces Distribution Partnership for 500 Robots Over Five Years

Rolls-Royce share price suffers a mild reversal, still cheap vs GE stock

Rolls-Royce (LON: RR) share price suffered a harsh reversal last week as concerns about its A350 engine emerged and as global stocks crashed. The stock peaked at a record high of 504p in August and then retreated to a low of 462p, its lowest point since August 6.

Rolls-Royce share price suffers a mild reversal, still cheap vs GE stock

Richtech Robotics Announces Closing of $21 Million Public Offering

LAS VEGAS, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the closing of its previously announced public offering of an aggregate of 15,555,557 shares of its Class B common stock (or Class B common stock equivalents in lieu thereof) and warrants to purchase up to 15,555,557 shares of Class B common stock (the “Warrants”), at a combined public offering price of $1.35 per share (or per Class B common stock equivalent in lieu thereof) and accompanying Warrant. The Warrants have an exercise price of $1.35 per share, are exercisable immediately upon issuance and expire on the five-year anniversary of the initial issuance date.

Richtech Robotics Announces Closing of $21 Million Public Offering

Richtech Robotics Announces Pricing of Upsized $21 Million Public Offering

LAS VEGAS, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the pricing of an upsized public offering of an aggregate of 15,555,557 shares of its Class B common stock (or Class B common stock equivalents in lieu thereof), warrants to purchase up to 15,555,557 shares of Class B common stock (the “Warrants”), at a combined public offering price of $1.35 per share (or per Class B common stock equivalent in lieu thereof) and accompanying Warrant. The Warrants will have an exercise price of $1.35 per share, will be exercisable immediately upon issuance and will expire on the five year anniversary of the initial issuance date. The closing of the offering is expected to occur on or about September 3, 2024, subject to the satisfaction of customary closing conditions.

Richtech Robotics Announces Pricing of Upsized $21 Million Public Offering

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