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Reitar Logtech (NASDAQ:RITR) Trading Up 4.5% - Should You Buy?

Reitar Logtech logo with Multi-Sector Conglomerates background

Reitar Logtech Holdings Limited (NASDAQ:RITR - Get Free Report) shot up 4.5% during trading on Wednesday . The stock traded as high as $4.20 and last traded at $4.14. 87,363 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 351,701 shares. The stock had previously closed at $3.96.

Reitar Logtech Stock Up 2.8%

The stock's 50 day moving average price is $4.56 and its 200 day moving average price is $3.74.

Institutional Investors Weigh In On Reitar Logtech

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

About Reitar Logtech

(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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