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Ridgetech, Inc. (RDGT)

NASDAQ Healthcare Medical - Distribution
$0.83 ▼ -8.35%
Market Cap
$746,102
Sector
Healthcare
Industry
Medical - Distribution
Beta
-0.19
52-Wk Range
0.67-760.5
CEO
Ming Zhao
Country
CN
Currency
USD

Ridgetech, Inc. operates in the Medical - Distribution industry of the Healthcare sector, headquartered in Hangzhou, ZH, CN. The stock last traded at $0.83, down 8.35% on the session, giving a market capitalisation of $746,102. On trailing twelve-month figures it carries a trailing P/E of -0.00, a net margin of -0.9%. Its beta of -0.19 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-0.00
Price / Sales
0.01
Price / Book
0.02
EV / EBITDA
10.56
Gross margin
3.6%
Operating margin
-1.3%
Net margin
-0.9%
Return on equity
—
Debt / equity
0.00
Current ratio
2.31
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ
Employees
64
IPO date
2009-10-01
Headquarters
Hangzhou, ZH, CN
About Ridgetech, Inc.

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.

Comparable companies

Ridgetech, Inc. is most often compared with the following Healthcare names:

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