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RECT Locks In $2.3 Million Deal as Renewable Energy Push Accelerates in Southeast Asia
Market Chameleon (Mon, 27-Oct 6:29 AM ET)
Market Chameleon (Mon, 27-Oct 4:25 AM ET)
Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, hand gloves, safety footwear, and personal fall arrest systems (a system used to arrest an employee in a fall from a walking-working surface, usually consisting of a body harness, anchorage, and connector), portable fire extinguishers and traffic products such as rubber speed humps, wheel stops and wheel chocks. Additionally the company has added auxiliary products such as industrial hardware tools and electrical hardware required for construction sites.
Rectitude Holdings - trades on the NASDAQ stock market under the symbol RECT.
As of March 26, 2026, RECT stock price climbed to $1.22 with 2,192 million shares trading.
RECT has a market cap of $17.69 million. This is considered a Sub-Micro Cap stock.
RECT has underperformed the market in the last year with a price return of -69.4% while the SPY ETF gained +14.1%. RECT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -27.8% and -11.6%, respectively, while the SPY returned -5.7% and -3.7%, respectively.
RECT support price is $1.10 and resistance is $1.31 (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 RECT shares will trade within this expected range on the day.
