Ridgetech, Inc. (RDGT)Healthcare | Pharmaceutical Retailers | Hangzhou, China | NasdaqCM
2.23 USD
-0.19
(-7.851%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 2.18 -0.05 (-0.048%) ⇩ (April 17, 2026, 7:58 p.m. EDT) Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 11, 2026, 1:25 p.m. EDT
Ridgetech (RDGT) is currently in a severe downtrend, with a massive price drop from over $537 to just $2.52 in a short period. The stock's recent performance indicates extreme volatility and lack of momentum, which makes it a high-risk investment. The recent news about the reverse split suggests a potential restructuring or attempt to stabilize the stock, but the fundamentals remain weak. With negative profit margins, high debt-to-equity ratio, and no dividend history, the stock is not suitable for either short-term trading or long-term holding. Investors should avoid this stock until there is clear evidence of a turnaround. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 1.097336 |
| AutoTheta | 1.304304 |
| AutoETS | 1.307671 |
| MSTL | 1.309444 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 21% |
| H-stat | 134.40 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.003 |
| Excess Kurtosis | -0.20 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 15.653 |
| Revenue per Share | 3111.652 |
| Market Cap | 2,004,562 |
| Beta | 0.18 |
| Profit Margins | 10.35% |
| Website | https://www.ridgetch.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.9848299 |
| Address1 | Building 5 |
| Address2 | 4th Floor Renxin Yaju Gong Shu District |
| All Time High | 396,000.0 |
| All Time Low | 2.01 |
| Ask | 2.3 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 1,844,526 |
| Average Daily Volume3 Month | 418,447 |
| Average Volume | 418,447 |
| Average Volume10Days | 1,844,526 |
| Beta | 0.176 |
| Bid | 2.19 |
| Bid Size | 1 |
| Book Value | 762.914 |
| City | Hangzhou |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | China |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.23 |
| Current Ratio | 1.823 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 2.2551 |
| Day Low | 2.08 |
| Debt To Equity | 15.653 |
| Display Name | China Jo-Jo Drugstores |
| Ebitda | -866,302 |
| Ebitda Margins | -0.00722 |
| Enterprise To Ebitda | 10.605 |
| Enterprise To Revenue | -0.077 |
| Enterprise Value | -9,186,861 |
| Eps Trailing Twelve Months | -54.61 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 178.7194 |
| Fifty Day Average Change | -176.48941 |
| Fifty Day Average Change Percent | -0.98752236 |
| Fifty Two Week Change Percent | -98.48299 |
| Fifty Two Week High | 760.5 |
| Fifty Two Week High Change | -758.27 |
| Fifty Two Week High Change Percent | -0.99706775 |
| Fifty Two Week Low | 2.01 |
| Fifty Two Week Low Change | 0.22000003 |
| Fifty Two Week Low Change Percent | 0.109452754 |
| Fifty Two Week Range | 2.01 - 760.5 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,254,403,800,000 |
| Float Shares | 34,283 |
| Free Cashflow | 6,040,718 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 61 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.032420002 |
| Gross Profits | 3,888,463 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01669 |
| Held Percent Institutions | 0.00014999999 |
| Implied Shares Outstanding | 898,907 |
| Industry | Pharmaceutical Retailers |
| Industry Disp | Pharmaceutical Retailers |
| Industry Key | pharmaceutical-retailers |
| Language | en-US |
| Last Fiscal Year End | 1,743,379,200 |
| Last Split Date | 1,775,606,400 |
| Last Split Factor | 1:150 |
| Long Business Summary | Ridgetech, Inc. operates as a wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. It operates through three segments: Retail Drugstores, Online Pharmacy, and Drug Wholesale. The company engages in offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products comprising consumable, seasonal, and promotional items. It also distributes other healthcare products, such as health food, cosmetics, and daily necessities. The company was formerly known as China Jo-Jo Drugstores, Inc. and changed its name to Ridgetech, Inc. in February 2024. Ridgetech, Inc. is headquartered in Hangzhou, China. |
| Long Name | Ridgetech, Inc. |
| Market | us_market |
| Market Cap | 2,004,562 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_67186751 |
| Most Recent Quarter | 1,759,190,400 |
| Net Income To Common | -2,006,486 |
| Next Fiscal Year End | 1,774,915,200 |
| Non Diluted Market Cap | 2,004,560 |
| Open | 2.2 |
| Operating Cashflow | 16,549,221 |
| Operating Margins | -0.00118 |
| Payout Ratio | 0.0 |
| Phone | 86 57 1882 19579 |
| Post Market Change | -0.048099995 |
| Post Market Change Percent | -2.1569505 |
| Post Market Price | 2.1819 |
| Post Market Time | 1,776,470,286 |
| Previous Close | 2.42 |
| Price Hint | 4 |
| Price To Book | 0.0029230032 |
| Price To Sales Trailing12 Months | 0.016713662 |
| Profit Margins | 0.10348 |
| Quick Ratio | 1.353 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.19 |
| Regular Market Change Percent | -7.85124 |
| Regular Market Day High | 2.2551 |
| Regular Market Day Low | 2.08 |
| Regular Market Day Range | 2.08 - 2.2551 |
| Regular Market Open | 2.2 |
| Regular Market Previous Close | 2.42 |
| Regular Market Price | 2.23 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 207,862 |
| Return On Assets | -0.012309999 |
| Return On Equity | -0.0802 |
| Revenue Growth | -0.117 |
| Revenue Per Share | 3,111.652 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Shares Outstanding | 898,906 |
| Shares Percent Shares Out | 0.0294 |
| Shares Short | 3,578 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 78 |
| Short Name | Ridgetech, Inc. |
| Short Percent Of Float | 0.0334 |
| Short Ratio | 0.01 |
| Source Interval | 15 |
| Symbol | RDGT |
| Total Cash | 13,935,407 |
| Total Cash Per Share | 357.007 |
| Total Debt | 4,661,500 |
| Total Revenue | 119,935,536 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -54.61 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 281.61234 |
| Two Hundred Day Average Change | -279.38232 |
| Two Hundred Day Average Change Percent | -0.9920813 |
| Type Disp | Equity |
| Volume | 207,862 |
| Website | https://www.ridgetch.com |
| Zip | 310,008 |