Retractable Technologies (NYSE:RVP) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Retractable Technologies (NYSE:RVPFree Report) in a research note published on Tuesday. The firm issued a hold rating on the stock.

Retractable Technologies Trading Up 0.1 %

NYSE RVP opened at $0.79 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.92 and a current ratio of 8.57. The firm has a market cap of $23.56 million, a PE ratio of -1.46 and a beta of 1.94. Retractable Technologies has a one year low of $0.56 and a one year high of $1.34. The firm’s fifty day moving average is $0.67 and its two-hundred day moving average is $0.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Retractable Technologies stock. PFG Investments LLC purchased a new position in shares of Retractable Technologies, Inc. (NYSE:RVPFree Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 34,600 shares of the company’s stock, valued at approximately $27,000. PFG Investments LLC owned 0.12% of Retractable Technologies as of its most recent SEC filing. 7.58% of the stock is currently owned by institutional investors.

Retractable Technologies Company Profile

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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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