Rectitude (NASDAQ:RECT) Shares Up 1.1% – Time to Buy?

Rectitude Holdings, Ltd. (NASDAQ:RECTGet Free Report)’s share price shot up 1.1% during mid-day trading on Tuesday . The company traded as high as $4.85 and last traded at $4.77. 8,506 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 21,204 shares. The stock had previously closed at $4.72.

Rectitude Price Performance

The company’s fifty day moving average price is $4.13 and its 200 day moving average price is $4.85.

Rectitude Company Profile

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Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites.

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