RiT Technologies

RITT announced Q4 results also this morning. Sales up 17% over last quarter, were slightly profitable, gross margins increased from 50% to 54% and have $.44 of cash per share.
Valuation moved up 25% to $3.36 a share from the previous $2.69. Based on yesterdays closing price, of $1.40, we are up 40% on this one. HOLD, this could be good.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s