What’s Ahead for ReTo Eco-Solutions, Inc. (RETO) After Touching All-Time Low?

December 28, 2017 - By Vivian Park

The stock of ReTo Eco-Solutions, Inc. (NASDAQ:RETO) reached all time low today, Dec, 28 and still has $5.77 target or 5.00 % below today’s $6.07 share price. This indicates more downside for the $138.15 million company. This technical setup was reported by Barchart.com. If the $5.77 PT is reached, the company will be worth $6.91 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 13.41% or $0.94 during the last trading session, reaching $6.07. About 441,214 shares traded or 46.40% up from the average. ReTo Eco-Solutions, Inc. (NASDAQ:RETO) has 0.00% since December 28, 2016 and is . It has underperformed by 16.70% the S&P500.

More notable recent ReTo Eco-Solutions, Inc. (NASDAQ:RETO) news were published by: Businesswire.com which released: “ReTo Eco-Solutions, Inc. Announces Full Exercise of the Underwriter’s Over …” on December 04, 2017, also Benzinga.com with their article: “30 Biggest Movers From Yesterday” published on December 28, 2017, Businesswire.com published: “ReTo Eco-Solutions, Inc. Announces Closing of Initial Public Offering” on December 01, 2017. More interesting news about ReTo Eco-Solutions, Inc. (NASDAQ:RETO) were released by: Businesswire.com and their article: “ReTo Eco-Solutions, Inc. Announces Pricing of Initial Public Offering” published on November 29, 2017 as well as Globenewswire.com‘s news article titled: “ReTo Eco-Solutions, Inc. (Nasdaq: RETO) to Ring The Nasdaq Stock Market …” with publication date: December 21, 2017.

ReTo Eco-Solutions, Inc. manufactures and distributes eco-friendly construction materials using fly-ash and iron mine tailings in the PeopleÂ’s Republic of China and internationally. The company has market cap of $138.15 million. The companyÂ’s products include aggregates, bricks, pavers, and tiles. It has a 25.19 P/E ratio. It offers ground works materials for urban roads, pedestrian streets and sidewalks, city squares, landmarks, parking lots, and docks; landscape retaining materials for gardens, roads, bridges, city squares, retaining walls, and slope construction; hydraulic engineering materials for hydraulic ecological projects, such as slope protection and river transformation; and wall materials for insulation and decoration, as well as for building walls.

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