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

Robot Consulting’s (NASDAQ:LAWR) lock-up period will expire on Tuesday, January 13th. Robot Consulting had issued 3,750,000 shares in its initial public offering on July 17th. The total size of the offering was $15,000,000 based on an initial share price of $4.00. After the end of Robot Consulting’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Wall Street Analyst Weigh In

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

Robot Consulting Price Performance

Shares of NASDAQ:LAWR opened at $3.75 on Tuesday. Robot Consulting has a 1 year low of $1.50 and a 1 year high of $4.84. The business’s 50-day moving average price is $3.75.

Hedge Funds Weigh In On Robot Consulting

An institutional investor recently bought a new position in Robot Consulting stock. Citadel Advisors LLC bought a new stake in shares of Robot Consulting Co., Ltd. (NASDAQ:LAWR) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 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.