Retractable Technologies (NYSE:RVP) Coverage Initiated by Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Retractable Technologies (NYSE:RVPGet Rating) in a report released on Sunday. The firm set a “hold” rating on the stock.

Retractable Technologies Stock Performance

Shares of RVP stock opened at $1.83 on Friday. Retractable Technologies has a 52 week low of $1.61 and a 52 week high of $5.17. The business’s fifty day simple moving average is $1.87. The company has a quick ratio of 5.61, a current ratio of 7.32 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $54.79 million, a PE ratio of 13.07 and a beta of 2.16.

Retractable Technologies Company Profile

(Get Rating)

Retractable Technologies, Inc engages in the manufacture and market of safety needle devices for the healthcare industry. It offers injection devices, blood collection devices, and infusion devices. The company was founded by Thomas J. Shaw on May 9, 1994 and is headquartered in Little Elm, TX.

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