Robot Consulting Co., Ltd.’s (NASDAQ:LAWR) Lock-Up Period Will End Tomorrow

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 end of the lock-up period.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on shares of Robot Consulting in a research note on Friday, October 10th. They set a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Robot Consulting Trading Up 1.9%

LAWR stock opened at $3.75 on Monday. The business’s 50 day simple moving average is $3.75. Robot Consulting has a 52-week low of $1.50 and a 52-week high of $4.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Robot Consulting stock. Citadel Advisors LLC bought a new position in Robot Consulting Co., Ltd. (NASDAQ:LAWR) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 20,787 shares of the company’s stock, valued at approximately $66,000.

Robot Consulting Company Profile

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.