Reto Eco-Solutions (RETO, Financial) experienced significant stock volatility with a sharp decline of 5.04% in its share price. The stock is currently trading at $1.13 per share, with a trading volume of 16,686 shares and a turnover rate of 0.08%. The price fluctuation was recorded at 3.45%.
Recent financial reports indicate that Reto Eco-Solutions' revenue was $3.24 million, while net income showed a loss of $15.64 million, equating to an earnings per share of -$19.44. The company recorded a gross profit of $210,072, resulting in a price-to-earnings ratio of -0.01. Currently, there are no institutional recommendations for the stock.
Within the construction materials sector, where Reto Eco-Solutions operates, the overall decline was marked at 0.60%. Several associated stocks showed notable performance; Knife River Holding Co., Smith-Midland Corporation, and Loma Negra Cia Ind Argentina Sa posted significant gains. Active stocks included Tecnoglass Inc., Summit Materials, Inc., and Cemex, with turnover rates of 0.40%, 0.31%, and 0.22%, respectively. Stocks exhibiting large price amplitudes were Captivision Inc C/Wts 11/15/2028 (To Pur Com), Captivision Inc., and Tecnoglass Inc., recording swings of 51.01%, 5.49%, and 4.44%, respectively.
Reto Eco-Solutions specializes in eco-friendly construction materials, coal ash, and related manufacturing equipment. Besides, the company offers urban ecological consulting, design, project implementation, and construction services, operating through four main segments: mechanical equipment sales, construction materials sales, municipal construction projects, and technical consulting services. The bulk of its revenue is sourced from machinery and equipment sales, predominantly in China.
