StockNews.com initiated coverage on shares of Retractable Technologies (NYSE:RVP – Free Report) in a report issued on Wednesday morning. The firm issued a hold rating on the stock.
Retractable Technologies Trading Up 1.0 %
Shares of NYSE RVP opened at $1.05 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 8.18 and a current ratio of 11.02. Retractable Technologies has a 52-week low of $0.87 and a 52-week high of $1.34. The firm has a 50 day moving average price of $1.13 and a two-hundred day moving average price of $1.14. The stock has a market cap of $31.44 million, a P/E ratio of -4.04 and a beta of 2.08.
Retractable Technologies (NYSE:RVP – Get Free Report) last announced its quarterly earnings results on Wednesday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter. Retractable Technologies had a negative net margin of 18.84% and a negative return on equity of 7.55%. The firm had revenue of $7.60 million during the quarter.
Insider Transactions at Retractable Technologies
About Retractable Technologies
Retractable Technologies, Inc designs, develops, manufactures, and markets safety syringes and other safety medical products for the healthcare profession in the United States, rest of North and South America, and internationally. The company offers VanishPoint insulin syringes; tuberculin, insulin, and allergy antigen syringes; small diameter tube adapters; blood collection tube holders; allergy trays; IV safety catheters; Patient Safe syringes and Luer Caps; VanishPoint blood collection sets; EasyPoint needles; and VanishPoint autodisable syringes.
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