Retractable Technologies Inc. (NYSE American:RVP) traded at a new 52-week high today of $17.18. This new high was reached on below average trading volume as 1 million shares traded hands, while the average 30-day volume is approximately 1.8 million shares.
Retractable Technologies Inc. share prices have moved between a 52-week high of $17.18 and a 52-week low of $0.97 and are now trading 1,610% above that low price at $16.54 per share.
Based on a current price of $16.54, Retractable Technologies Inc. is currently 86.7% above its average consensus analyst price target of $2.20.
Retractable Technologies Inc designs, develops, manufactures, and market patented safety medical products for the healthcare industry. It offers 1mL tuberculin; insulin syringes; allergy antigen VanishPoint syringes; 0.5mL, 2mL, 3mL, 5mL, and 10mL VanishPoint syringes; and the VanishPoint blood collection tube holder. The company also sells VanishPoint auto-disable syringes in the international market in addition to its other products. It distributes its products throughout the U.S. through the general line and specialty distributors. The maximum revenue derives from the US region as well as from Syringes products.
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