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ReTo Eco-Solutions Inc is a manufacturer and distributor of eco-friendly construction materials and fly-ash, as well as equipment used to produce these eco-friendly construction materials. The company engaged in providing consultation, design, project implementation and construction of urban ecological environments for capturing, controlling and re-using rainwater. It operates through four segments namely Machinery and Equipment sales, Construction materials sales, Municipal Construction Projects, and Technology Consulting and other services. The company earns its revenue from Machinery and Equipment sales segment. Geographically, it derives a majority of its revenue from China.
Reto Eco-Solutions - Common Shares trades on the NASDAQ stock market under the symbol RETO.
As of March 28, 2024, RETO stock price climbed to $1.10 with 91,940 million shares trading.
RETO has a beta of -1.07, meaning it tends to be less sensitive to market movements. RETO has a correlation of 0.00 to the broad based SPY ETF.
RETO has a market cap of $6.87 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, RETO stock traded as high as $336.00 and as low as $.95.
The top ETF exchange traded funds that RETO belongs to (by Net Assets): CCSO.
RETO has underperformed the market in the last year with a price return of -97.3% while the SPY ETF gained +33.6%. RETO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -72.8% and -46.8%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
RETO support price is $.85 and resistance is $1.17 (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 RETO stock will trade within this expected range on the day.