Ridgetech (RDGT) Stock Price, News & Analysis

Company Overview

China Jo-Jo Drugstores, Inc., together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming. Its stores provide various pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products, such as consumable, seasonal, and promotional items. The company also operates licensed doctors of Western medicine and TCM on site for consultation, examination, and treatment of common ailments at scheduled hours. In addition, it operates online drugstore that retails OTC drugs and nutritional supplements, as well as sells products through third-party platforms. Further, the company distributes third-party pharmaceutical products primarily to trading companies, as well as cultivates and wholesales herbs used for TCM. It operates retail pharmacies under the Jiuzhou Grand Pharmacy name. The company was founded in 2003 and is headquartered in Hangzhou, the People's Republic of China.

Key Stats

• Today's Range: $1.61 to $1.86
• 50-Day Range: $1.30 to $2.22
• 52-Week Range: $1.29 to $3.03
• Volume: 22,571 shs
• Average Volume: 42,853 shs
• Market Capitalization: $12.04 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

Ridgetech Stock Analysis - MarketRank™

Ridgetech scored higher than 14% of companies evaluated by MarketBeat, and ranked 885th out of 932 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Ridgetech.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Ridgetech has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.26% of the float of Ridgetech has been sold short.

Short Interest Ratio / Days to Cover

Ridgetech has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ridgetech has recently increased by 10.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ridgetech does not currently pay a dividend.

Dividend Growth

Ridgetech does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.26% of the float of Ridgetech has been sold short.

Short Interest Ratio / Days to Cover

Ridgetech has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ridgetech has recently increased by 10.34%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Ridgetech this week, compared to 0 articles on an average week.

MarketBeat Follows

3 people have added Ridgetech to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ridgetech insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.60% of the stock of Ridgetech is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

45.26% of the stock of Ridgetech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RDGT Stock Analysis - Frequently Asked Questions

How were Ridgetech's earnings last quarter?

Ridgetech Inc. (NASDAQ:RDGT) issued its quarterly earnings data on Monday, August, 15th. The company reported $9.60 earnings per share (EPS) for the quarter. The firm had revenue of $20.90 million for the quarter, compared to analysts' expectations of $21.30 million.

When did Ridgetech's stock split?

Ridgetech shares reverse split on Friday, March 1st 2024.The 1-20 reverse split was announced on Friday, March 1st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, March 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Company Calendar

• Last Earnings: 8/15/2016
• Today: 10/23/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical Retailers
• Sub-Industry: Retail
• Current Symbol: NASDAQ:RDGT
• Previous Symbol: NASDAQ:CJJD
• CIK: 1413263
• Web: www.chinajojo.com
• Phone: 8657188219579
• Fax: N/A
• Employees: 980
• Year Founded: 2006

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.74
• Quick Ratio: 1.45

Sales & Book Value

• Annual Sales: $119.97 million
• Price / Sales: 0.09
• Cash Flow: $0.65 per share
• Price / Cash Flow: 2.64
• Book Value: $4.45 per share
• Price / Book: 0.38

Miscellaneous

• Outstanding Shares: 6,650,000
• Free Float: 5,150,000
• Market Cap: $11.35 million
• Optionable: Not Optionable
• Beta: -0.02