Right On Co. experienced a sharp decline in its stock price this week, closing at 244.00 on January 10, down 8.61% or 23.00 points from the previous close of 267.00. The stock’s performance reflects a challenging trading environment, with prices moving within a range of 231.00 to 254.00 during the day.
The week began with the stock opening at 243.00, only to face consistent selling pressure that pushed it further away from its 52-week high of 433.00. However, it remains above its 52-week low of 167.00.
Trading activity saw a significant uptick, with a daily volume of 612,700 shares, more than double the average volume of 255,667. The company’s market capitalisation stands at 8.659 billion, supported by a beta of 0.45.
Concerns persist over the company’s financial fundamentals, with an earnings per share (EPS) of -404.55.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult a professional before making investment decisions.