Robot Consulting Co., Ltd.’s (NASDAQ:LAWR) Lock-Up Period To Expire on January 13th

Robot Consulting’s (NASDAQ:LAWR) lock-up period is set to expire on Tuesday, January 13th. Robot Consulting had issued 3,750,000 shares in its public offering on July 17th. The total size of the offering was $15,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Robot Consulting in a research note on Friday, October 10th. They set a “sell (e-)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Robot Consulting Stock Performance

Robot Consulting stock opened at $3.75 on Tuesday. Robot Consulting has a 12-month low of $1.50 and a 12-month high of $4.84. The business’s 50-day moving average price is $3.75.

Institutional Investors Weigh In On Robot Consulting

A hedge fund recently bought a new stake in Robot Consulting stock. Citadel Advisors LLC acquired a new stake in Robot Consulting Co., Ltd. (NASDAQ:LAWR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 20,787 shares of the company’s stock, valued at approximately $66,000.

About Robot Consulting

Robot Consulting Co Ltd. is a platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse. The Company’s major product, Labor Robot, is a cloud-based human resource management system which helps users track employee attendance, manage sales orders and journalize accounting items. Robot Consulting Co Ltd. is based in Tokyo, Japan.