RDGT Stock Summary and Trading Ideas (Ridgetech - | NASDAQ:RDGT)

Ridgetech Inc formerly China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, and Drug wholesale. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment.

Ridgetech - trades on the NASDAQ stock market under the symbol RDGT.

As of March 10, 2025, RDGT stock price declined to $0.80 with 100,694 million shares trading.

RDGT has a market cap of $4.94 million. This is considered a Sub-Micro Cap stock.

RDGT support price is $.79 and resistance is $1.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RDGT shares will trade within this expected range on the day.