StockNews.com started coverage on shares of Retractable Technologies (NYSE:RVP – Free Report) in a report issued on Friday morning. The firm issued a hold rating on the stock.
Retractable Technologies Price Performance
NYSE:RVP opened at $1.08 on Friday. Retractable Technologies has a 52 week low of $0.87 and a 52 week high of $1.34. The firm’s 50-day simple moving average is $1.07 and its 200 day simple moving average is $1.14. The company has a quick ratio of 8.18, a current ratio of 11.02 and a debt-to-equity ratio of 0.01.
Retractable Technologies (NYSE:RVP – Get Free Report) last released its earnings results on Wednesday, May 15th. The company reported $0.01 EPS for the quarter. The firm had revenue of $7.60 million for the quarter. Retractable Technologies had a negative net margin of 18.84% and a negative return on equity of 7.55%.
Insider Activity at Retractable Technologies
Retractable Technologies Company Profile
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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