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Retractable Technologies Inc
Retractable Technologies, Inc. is a publicly traded company that is listed on the Over-the-Counter Bulletin Board (OTCBB) under the ticker symbol RVPY. The company has been in business for over 25 years and is headquartered in Little Elm, Texas.
Retractable Technologies, Inc. specializes in developing, manufacturing, and marketing safety medical products. The company's products include safety needle devices, safety scalpels, and safety lancets. These products are designed to reduce the risk of needlestick injuries and exposure to bloodborne pathogens.
According to their latest financial statements, Retractable Technologies, Inc. has a total revenue of $3.5 million and a net loss of $394,000. The company's total assets are worth $16.9 million, and its total liabilities are $10.5 million. The company's market capitalization is $16.06 million.
Retractable Technologies, Inc. has faced some challenges in recent years, including declining revenue and a history of net losses. However, the company's products continue to be in demand, and it is exploring new markets and opportunities to grow its business.
It's worth noting that investing in the stock market involves risk, and the value of Retractable Technologies, Inc. stock can fluctuate. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.
Investors can buy and sell shares of Retractable Technologies, Inc. through a brokerage firm or an online trading platform, such as Robinhood, E-Trade, or Fidelity. Before making any investment decisions, it's important to conduct thorough research on the company's financials and market trends.
Overall, Retractable Technologies, Inc. is a small publicly traded company that specializes in safety medical products. While the company faces some challenges, it has a long history of providing quality products to the medical industry, and its stock may present a speculative investment opportunity for risk-tolerant investors. It's important to conduct thorough research and consult with a financial advisor before making any investment decisions.