Retractable Technologies (NYSE:RVP) Now Covered by StockNews.com

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

Retractable Technologies Trading Up 0.9 %

Shares of NYSE:RVP opened at $0.90 on Monday. The firm’s 50 day moving average price is $1.01 and its 200-day moving average price is $1.08. Retractable Technologies has a twelve month low of $0.87 and a twelve month high of $1.34. The company has a current ratio of 9.51, a quick ratio of 6.54 and a debt-to-equity ratio of 0.01.

Retractable Technologies (NYSE:RVP) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.48) earnings per share for the quarter. Retractable Technologies had a negative return on equity of 18.67% and a negative net margin of 46.72%. The business had revenue of $6.03 million during the quarter.

About Retractable Technologies

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.