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NASDAQ:RDGT

Ridgetech (RDGT) Stock Price, News & Analysis

Ridgetech logo
$0.75 -0.04 (-5.14%)
Closing price 08/7/2026 04:00 PM Eastern
Extended Trading
$0.73 -0.02 (-2.52%)
As of 08/7/2026 07:48 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Ridgetech Stock (NASDAQ:RDGT)

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Key Stats

Today's Range
$0.69
$0.77
50-Day Range
$0.71
$1.94
52-Week Range
$0.67
$760.50
Volume
1.44 million shs
Average Volume
2.43 million shs
Market Capitalization
$2.71 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Sell

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.

Ridgetech Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
10th Percentile Overall Score

RDGT MarketRank™: 

Ridgetech scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Ridgetech's stock forecast and price target.
  • 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.

  • 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 Yield

    Ridgetech does not currently pay a dividend.

  • Dividend Growth

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

  • News Coverage This Week

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

    Only 1 people have added Ridgetech to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • 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.

  • Read more about Ridgetech's insider trading history.
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RDGT Stock News Headlines

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Ridgetech (RDGT)
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RDGT Stock Analysis - Frequently Asked Questions

Ridgetech's stock was trading at $427.50 at the beginning of 2026. Since then, RDGT shares have decreased by 99.8% and is now trading at $0.7458.

Ridgetech Inc. (NASDAQ:RDGT) announced its quarterly earnings results on Saturday, August, 1st. The company reported ($7.86) earnings per share (EPS) for the quarter. The firm had revenue of $34.68 million for the quarter.

Ridgetech's stock reverse split before market open on Tuesday, April 7th 2026.The 1-150 reverse split was announced on Friday, April 3rd 2026. The number of shares owned by shareholders was adjusted after the market closes on Monday, April 6th 2026. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

Shares of RDGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

Last Earnings
8/01/2026
Today
8/09/2026
Fiscal Year End
3/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Healthcare Providers & Services
Sub-Industry
Healthcare Distributors
Current Symbol
NASDAQ:RDGT
Previous Symbol
NASDAQ:CJJD
CIK
1413263
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
$132.16 million
Price / Sales
0.02
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$664.75 per share
Price / Book
0.00

Miscellaneous

Outstanding Shares
3,630,000
Free Float
2,809,000
Market Cap
$2.71 million
Optionable
Not Optionable
Beta
-0.13
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This page (NASDAQ:RDGT) was last updated on 8/9/2026 by MarketBeat.com Staff.
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