Reitar Logtech Holdings Limited (NASDAQ:RITR - Get Free Report) shares traded up 3.4% during trading on Wednesday . The stock traded as high as $1.91 and last traded at $1.80. 1,864,662 shares changed hands during trading, an increase of 3% from the average session volume of 1,811,541 shares. The stock had previously closed at $1.74.
Analyst Ratings Changes
Several research firms have issued reports on RITR. Weiss Ratings reiterated a "sell (d)" rating on shares of Reitar Logtech in a research report on Wednesday. Wall Street Zen cut Reitar Logtech from a "hold" rating to a "sell" rating in a research report on Friday, August 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of "Sell".
Check Out Our Latest Report on Reitar Logtech
Reitar Logtech Stock Performance
The company has a 50-day simple moving average of $4.66 and a 200-day simple moving average of $4.27.
Institutional Investors Weigh In On Reitar Logtech
A number of institutional investors and hedge funds have recently modified their holdings of RITR. XTX Topco Ltd grew its holdings in shares of Reitar Logtech by 134.3% in the 1st quarter. XTX Topco Ltd now owns 23,938 shares of the company's stock worth $67,000 after acquiring an additional 13,721 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Reitar Logtech in the 2nd quarter worth approximately $51,000. Finally, Geode Capital Management LLC acquired a new stake in shares of Reitar Logtech in the 2nd quarter worth approximately $131,000.
Reitar Logtech Company Profile
(
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Reitar Logtech Holdings Limited, through its subsidiaries, provides construction management and engineering design services. It operates in two segments, Asset Management and Professional Consultancy Services; and Construction Management and Engineering Design Services. The company provides construction management and engineering design services for cold storage facilities, automated warehouses, renovated offices, and tailor-made electrical systems.
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