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Rectitude (NASDAQ:RECT) Shares Down 2.7% - Here's Why

Rectitude logo with Industrials background

Shares of Rectitude Holdings, Ltd. (NASDAQ:RECT - Get Free Report) traded down 2.7% during mid-day trading on Wednesday . The stock traded as low as $4.65 and last traded at $4.67. 4,530 shares traded hands during trading, a decline of 77% from the average session volume of 20,017 shares. The stock had previously closed at $4.80.

Rectitude Trading Up 1.1%

The business has a fifty day moving average price of $4.37 and a 200-day moving average price of $4.99.

Rectitude Company Profile

(Get Free Report)

Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites.

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