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Reitar Logtech (NASDAQ:RITR) Trading 14.1% Higher - Still a Buy?

Reitar Logtech logo with Multi-Sector Conglomerates background

Shares of Reitar Logtech Holdings Limited (NASDAQ:RITR - Get Free Report) traded up 14.1% during mid-day trading on Tuesday . The stock traded as high as $5.32 and last traded at $5.10. 400,641 shares changed hands during trading, an increase of 18% from the average session volume of 338,892 shares. The stock had previously closed at $4.47.

Reitar Logtech Trading Down 1.0%

The company's 50-day moving average price is $4.30 and its 200-day moving average price is $3.67.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Reitar Logtech stock. XTX Topco Ltd bought a new stake in Reitar Logtech Holdings Limited (NASDAQ:RITR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,217 shares of the company's stock, valued at approximately $38,000.

Reitar Logtech Company Profile

(Get Free Report)

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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