Rectitude (NASDAQ:RECT) Trading Up 4.1% – Here’s Why

Rectitude Holdings, Ltd. (NASDAQ:RECTGet Free Report)’s stock price shot up 4.1% during trading on Wednesday . The stock traded as high as $4.21 and last traded at $3.77. 24,214 shares traded hands during mid-day trading, an increase of 79% from the average session volume of 13,492 shares. The stock had previously closed at $3.62.

Rectitude Price Performance

The stock has a fifty day moving average price of $6.01 and a two-hundred day moving average price of $4.50.

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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