Ryde Group Ltd (AMEX: RYDE) is -91.65% lower on its value in year-to-date trading and has touched a low of $0.16 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 $0.45 in the last trading session, with the day’s gains setting it 8.86%.
Currently trading at $9.31M, the stock is 75.59% and 74.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.7 million and changing 11701187% at the moment leaves the stock -57.14% off its SMA200. RYDE registered -13.41% loss for a year compared to 6-month loss of 10.64%. The firm has a 50-day simple moving average (SMA 50) of $0.229 and a 200-day simple moving average (SMA200) of $0.92944.
The stock witnessed a 81.05% gain in the last 1 month and extending the period to 3 months gives it a 24.43%, and is 109.19% up 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 49.48% over the week and 21.77% over the month.
Ryde Group Ltd (RYDE) has around 30 employees, a market worth around $10.47M and $6.70M in sales. Profit margin for the company is -207.60%. Distance from 52-week low is 148.94% and -98.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-470.59%).
The EPS is expected to grow by 56.62% this year.
Ryde Group Ltd (RYDE) Top Institutional Holders
5.0 institutions hold shares in Ryde Group Ltd (RYDE), with institutional investors hold 2.53% of the company’s shares. The shares outstanding are 22.75M, and float is at 16.06M with Short Float at 0.53%. Institutions hold 1.79% of the Float.
Ryde Group Ltd (RYDE) Insider Activity
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