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Ridgetech ( (RDGT) ) just unveiled an update.
Ridgetech, Inc. has announced its upcoming Annual General Meeting of shareholders, scheduled for December 12, 2025. Key agenda items include the election of four directors, ratification of YCM CPA, Inc. as the independent accounting firm, and a proposal for the consolidation of ordinary shares to comply with Nasdaq Listing Rules. The meeting will also address the adoption of a new equity incentive plan and restatement of the company’s articles of association, reflecting the share consolidation.
The most recent analyst rating on (RDGT) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Ridgetech stock, see the RDGT Stock Forecast page.
Spark’s Take on RDGT Stock
According to Spark, TipRanks’ AI Analyst, RDGT is a Neutral.
Ridgetech’s overall stock score is primarily influenced by its strong technical momentum, despite weak financial performance and valuation concerns. The stock’s bullish trend is a significant positive, but the negative P/E ratio and revenue decline pose risks. Investors should be cautious of the overbought technical indicators and weak cash flow management.
To see Spark’s full report on RDGT stock, click here.
More about Ridgetech
Ridgetech, Inc. is a Cayman Islands exempted company operating in the technology sector, with its principal executive offices located in Hangzhou City, Zhejiang Province, China.
Average Trading Volume: 96,281
Technical Sentiment Signal: Hold
Current Market Cap: $12.3M
For detailed information about RDGT stock, go to TipRanks’ Stock Analysis page.