Reitar Logtech (NASDAQ:RITR) Stock Price Up 2.5% – What’s Next?

Reitar Logtech Holdings Ltd (NASDAQ:RITR)’s stock price shot up 2.5% during mid-day trading on Wednesday . The company traded as high as $3.19 and last traded at $3.13. 19,810 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 189,324 shares. The stock had previously closed at $3.05.

Reitar Logtech Stock Performance

The firm has a 50-day moving average of $2.94 and a 200 day moving average of $4.06.

Hedge Funds Weigh In On Reitar Logtech

An institutional investor recently bought a new position in Reitar Logtech stock. XTX Topco Ltd bought a new position in shares of Reitar Logtech Holdings Ltd (NASDAQ:RITR) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,217 shares of the company’s stock, valued at approximately $38,000.

Reitar Logtech Company Profile

Reitar Logtech Holdings Limited, through its subsidiaries, provides construction management and engineering design services. It operates in two segments, Asset Management and Professional Consultancy Services; and Construction Management and Engineering Design Services. The company provides construction management and engineering design services for cold storage facilities, automated warehouses, renovated offices, and tailor-made electrical systems.