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: $1.25 to $1.37
• 50-Day Range: $1.25 to $1.94
• 52-Week Range: $1.18 to $760.50
• Volume: 360,838 shs
• Average Volume: 2.66 million shs
• Market Capitalization: $1.13 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 19% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.7 / 5
• Analyst Rating: Sell

Consensus Rating

Ridgetech has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Ridgetech has only been the subject of 1 research reports in the past 90 days.

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 0.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.15% 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 0.03, 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 50.33%, 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.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.66

News Sentiment

Ridgetech has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.94 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Ridgetech this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for RDGT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

2 people have added Ridgetech to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Ridgetech insiders have sold 85.48% more of their company's stock than they have bought. Specifically, they have bought $62,323.00 in company stock and sold $115,597.00 in 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.

Company Calendar

• Last Earnings: 8/15/2016
• Today: 7/24/2026
• Fiscal Year End: 3/31/2027

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: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $119.97 million
• Price / Sales: 0.01
• Cash Flow: $125.00 per share
• Price / Cash Flow: 0.01
• Book Value: $664.75 per share
• Price / Book: 0.00

Miscellaneous

• Outstanding Shares: 900,000
• Free Float: 696,000
• Market Cap: $1.13 million
• Optionable: Not Optionable
• Beta: -0.18