Ryde Group Ltd. (AMEX: RYDE) is -64.50% lower on its value in year-to-date trading and has touched a low of $0.76 and a high of $22.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RYDE stock was last observed hovering at around $1.38 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.42, the stock is -82.70% and -81.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.84 million and changing 2.90% at the moment leaves the stock -77.70% off its SMA200. RYDE registered a gain of -65.84% in past 6-months.
The stock witnessed a -83.97% loss in the last 1 month and extending the period to 3 months gives it a -70.48%, and is -26.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 25.82% over the week and 55.89% over the month.
Ryde Group Ltd. (RYDE) has around 34 employees, a market worth around $29.65M and $6.46M in sales. Profit margin for the company is -147.56%. Distance from 52-week low is 86.84% and -93.69% from its 52-week high.
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Ryde Group Ltd. (RYDE) Top Institutional Holders
The shares outstanding are 15.57M, and float is at 9.49M with Short Float at 0.64%.
Ryde Group Ltd. (RYDE) Insider Activity
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