The stock of Ryde Group Ltd (RYDE) has seen a -11.43% decrease in the past week, with a -35.22% drop in the past month, and a -95.10% decrease in the past quarter. The volatility ratio for the week is 8.25%, and the volatility levels for the past 30 days are at 9.48% for RYDE. The simple moving average for the last 20 days is -17.77% for RYDE’s stock, with a simple moving average of -91.34% for the last 200 days.
Is It Worth Investing in Ryde Group Ltd (AMEX: RYDE) Right Now?
Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for RYDE is 14.90M, and currently, shorts hold a 2.57% of that float. The average trading volume for RYDE on November 20, 2024 was 2.04M shares.
RYDE) stock’s latest price update
Ryde Group Ltd (AMEX: RYDE)’s stock price has dropped by -7.46 in relation to previous closing price of 0.47. Nevertheless, the company has seen a loss of -11.43% in its stock price over the last five trading days. businesswire.com reported 2024-11-11 that SINGAPORE–(BUSINESS WIRE)–Ryde Group Ltd (NYSE American: RYDE) (“Ryde” or the “Company”), a technology company with a leading platform for mobility and quick commerce in Singapore, extended it’s strategic partnership with Singlife, a homegrown financial services company. Building on the RydeSafe initiative for riders, Ryde has today signed a Memorandum of Understanding (“MOU”) with Singlife and will be implementing a comprehensive Work Injury Compensation Act (“WICA”) Protection Plan for pla.
RYDE Trading at -58.29% from the 50-Day Moving Average
After a stumble in the market that brought RYDE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.07% of loss for the given period.
Volatility was left at 9.48%, however, over the last 30 days, the volatility rate increased by 8.25%, as shares sank -35.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -97.87% lower at present.
During the last 5 trading sessions, RYDE fell by -11.43%, in comparison to the 20-day moving average, which settled at $0.5278. In addition, Ryde Group Ltd saw -89.15% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RYDE
Current profitability levels for the company are sitting at:
- -2.77 for the present operating margin
- -2.14 for the gross margin
The net margin for Ryde Group Ltd stands at -2.87. The total capital return value is set at 2.17.
Based on Ryde Group Ltd (RYDE), the company’s capital structure generated -12.46 points at debt to capital in total, while cash flow to debt ratio is standing at -1.24. The debt to equity ratio resting at -0.93. The interest coverage ratio of the stock is -46.15.
Currently, EBITDA for the company is -12.02 million with net debt to EBITDA at -0.25. When we switch over and look at the enterprise to sales, we see a ratio of 2.65. The receivables turnover for the company is 28.54for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.49.
Conclusion
In conclusion, Ryde Group Ltd (RYDE) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
