How have RECT shares performed this year?

Rectitude's stock was trading at $3.70 on January 1st, 2024. Since then, RECT stock has decreased by 8.1% and is now trading at $3.40. View the best growth stocks for 2024 here .

When did Rectitude IPO?

Rectitude (RECT) raised $8 million in an initial public offering (IPO) on Friday, June 21st 2024. The company issued 2,000,000 shares at a price of $4.00 per share.

When does Rectitude's lock-up period expire?

Rectitude's lock-up period expires on Wednesday, December 18th. Rectitude had issued 2,000,000 shares in its public offering on June 21st. The total size of the offering was $8,000,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

How do I buy shares of Rectitude?

Shares of RECT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:RECT

Rectitude (RECT) Stock Price, News & Analysis

$3.40

-0.20 (-5.56%)

(As of 10/8/2024 ET)

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About Rectitude Stock (NASDAQ:RECT)

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Key Stats

Today's Range: $3.39
▼
$3.59
50-Day Range: $2.86
▼
$3.60
52-Week Range: $2.70
▼
$4.25
Volume: 5,539 shs
Average Volume: 19,517 shs
Market Capitalization: $49.30 million
P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A
Consensus Rating: N/A

Company Overview

Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. Rectitude Holdings Ltd is based in SINGAPORE.

RECT Stock News Headlines

Rectitude Holdings Ltd Announces Fiscal Year ended March 31, 2024 Full Year Financial Results

July 29, 2024 | globenewswire.com

Rectitude Announces Opening of New Strategic Branch in 498 and 500 Geylang Road, Singapore

July 9, 2024 | globenewswire.com

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Rectitude Holdings Ltd Announces Closing of $8 Million Initial Public Offering

June 24, 2024 | globenewswire.com

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RECT Stock Analysis - Frequently Asked Questions

: Rectitude's stock was trading at $3.70 on January 1st, 2024. Since then, RECT stock has decreased by 8.1% and is now trading at $3.40.
View the best growth stocks for 2024 here.
: Rectitude (RECT) raised $8 million in an initial public offering (IPO) on Friday, June 21st 2024. The company issued 2,000,000 shares at a price of $4.00 per share.
: Rectitude's lock-up period expires on Wednesday, December 18th. Rectitude had issued 2,000,000 shares in its public offering on June 21st. The total size of the offering was $8,000,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.
: Shares of RECT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Today: 10/08/2024
Next Earnings (Estimated): 11/04/2024
Fiscal Year End: 3/31/2025

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Cutlery, handtools, & general hardware
Sub-Industry: Construction Materials
Current Symbol: NASDAQ:RECT
CUSIP: N/A
CIK: 1995116
Web: www.rectitude.com.sg
Phone: 65-6749-6647
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $30.69 million
Price / Sales: 1.70
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 14,500,000
Free Float: N/A
Market Cap: $52.06 million
Optionable: N/A
Beta: N/A

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This page (NASDAQ:RECT) was last updated on 10/8/2024 by MarketBeat.com Staff

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