Ridgetech (NASDAQ:RDGT) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Posted by Brenda Bartman on Jul 11th, 2026

Shares of Ridgetech Inc. (NASDAQ:RDGT – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $166.99 and traded as low as $1.33. Ridgetech shares last traded at $1.36, with a volume of 187,420 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on RDGT shares. Weiss Ratings lowered shares of Ridgetech from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, June 2nd. Wall Street Zen upgraded shares of Ridgetech to a “buy” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Ridgetech has a consensus rating of “Sell”.

Check Out Our Latest Report on RDGT

Ridgetech Price Performance

The company has a 50-day moving average of $1.51 and a 200-day moving average of $163.38.

Insider Buying and Selling at Ridgetech

In other news, major shareholder Financial Lp Hrt sold 57,998 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $1.60, for a total value of $92,796.80. Following the completion of the transaction, the insider owned 61,753 shares in the company, valued at $98,804.80. This represents a 48.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 72,615 shares of company stock valued at $115,597 in the last ninety days. 22.60% of the stock is owned by corporate insiders.

Ridgetech Company Profile

(Get Free Report)

China Jo-Jo Drugstores, Inc, together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming. Its stores provide various 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, such as consumable, seasonal, and promotional items.