Want to see RDGT full AI Analyst Report?
RDGT Stock Chart & Stats
$2.66
--
Market closed
$2.66
--
Day’s Range― - ―
52-Week Range$1.18 - $760.50
Previous CloseN/A
VolumeN/A
Average Volume (3M)35.98K
Market Cap
$1.32M
Enterprise Value-$9.27M
Total Cash (Recent Filing)$13.94M
Total Debt (Recent Filing)$4.66M
Price to Earnings (P/E)―
Beta-0.03
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding898,918
10 Day Avg. Volume73,880
30 Day Avg. Volume35,985
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)<0.01
Price to Sales (P/S)0.00032
P/FCF Ratio0.06
Enterprise Value/Market Cap-7.02
Enterprise Value/Revenue-0.08
Enterprise Value/Gross Profit1.12
Enterprise Value/Ebitda-1.39
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Balance-sheet ImprovementMaterial debt reduction and rising equity in 2025 meaningfully improve the company's funding cushion and reduce near-term default risk. For a low-margin distributor, stronger capitalization increases resilience to demand swings and preserves strategic optionality for 2–6 months and beyond.
Cash-flow TurnaroundThe shift to positive operating and free cash flow in 2025 signals improved cash generation versus prior multi-year deficits. Durable cash generation, if sustained, supports deleveraging, working-capital needs and reinvestment—key for a distributor with historically inconsistent cash flow.
Capital-structure Alignment (reverse Split)The 1-for-150 reverse split is a structural corporate action that consolidates share count and aims to maintain Nasdaq listing compliance. This reduces administrative dilution, aligns equity structure for U.S. markets and can materially improve access to institutional investors over the medium term.
Bears Say
Revenue Volatility And DeclineAn ~18% revenue drop in 2025 and multi-year volatility signal weakening top-line stability. For a distribution business reliant on scale and tight margins, persistent revenue erosion undermines operating leverage and reduces the odds of consistent margin recovery over coming quarters.
Persistent Weak Operating MarginsNegative EBIT margins across the period show the core distribution operations have not produced sustainable operating profits. This chronic operating weakness constrains free cash flow durability and limits the firm's ability to fund growth or absorb shocks without further structural changes.
Elevated Leverage For Low-margin DistributorHigh historical debt-to-equity (1.4x–2.8x) combined with thin/negative operating returns leaves limited buffer against revenue shocks. Elevated leverage raises interest and refinancing risk and reduces strategic flexibility for investments or margin-improvement initiatives over the medium term.
Ridgetech News
RDGT FAQ
What was Ridgetech’s price range in the past 12 months?
Ridgetech lowest stock price was $1.18 and its highest was $760.50 in the past 12 months.
What is Ridgetech’s market cap?
Ridgetech’s market cap is $1.32M.
When is Ridgetech’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Ridgetech’s earnings last quarter?
Currently, no data Available
Is Ridgetech overvalued?
According to Wall Street analysts Ridgetech’s price is currently Overvalued.
Does Ridgetech pay dividends?
Ridgetech does not currently pay dividends.
What is Ridgetech’s EPS estimate?
Ridgetech’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Ridgetech have?
Ridgetech has 898,918 shares outstanding.
What happened to Ridgetech’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Ridgetech?
Currently, no hedge funds are holding shares in RDGT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Ridgetech
Ridgetech, Inc. operates as a wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. It operates through three segments: Retail Drugstores, Online Pharmacy, and Drug Wholesale. The company engages in offline and online wholesale distribution of 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 comprising consumable, seasonal, and promotional items. It also distributes other healthcare products, such as health food, cosmetics, and daily necessities. The company was formerly known as China Jo-Jo Drugstores, Inc. and changed its name to Ridgetech, Inc. in February 2024. Ridgetech, Inc. is headquartered in Hangzhou, China.