Baijiayun Group Ltd (NASDAQ: RTC)’s stock price has dropped by -9.07 in relation to previous closing price of 4.14. Nevertheless, the company has seen a gain of 10.59% in its stock price over the last five trading days. prnewswire.com reported 2024-12-24 that BEIJING, Dec. 24, 2024 /PRNewswire/ — Baijiayun Group Ltd (“Baijiayun” or the “Company”) (NASDAQ: RTC), a one-stop AI video solution provider, today announced that it will attend the 2024 AIGC Summit soon. Recently, the 2024 AIGC Summit, hosted by “Jixin”, a venture capital and industry research media that focuses on industrial AI, is about to kick off.
Is It Worth Investing in Baijiayun Group Ltd (NASDAQ: RTC) Right Now?
The stock has a 36-month beta value of 0.84. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for RTC is 5.02M, and at present, short sellers hold a 0.16% of that float. On December 27, 2024, the average trading volume of RTC was 36.48K shares.
RTC’s Market Performance
RTC stock saw a decrease of 10.59% in the past week, with a monthly decline of -59.22% and a quarterly a decrease of -51.04%. The volatility ratio for the week is 21.22%, and the volatility levels for the last 30 days are 15.01% for Baijiayun Group Ltd (RTC). The simple moving average for the past 20 days is -39.24% for RTC’s stock, with a -42.42% simple moving average for the past 200 days.
RTC Trading at -49.57% from the 50-Day Moving Average
After a stumble in the market that brought RTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.60% of loss for the given period.
Volatility was left at 15.01%, however, over the last 30 days, the volatility rate increased by 21.22%, as shares sank -58.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -52.41% lower at present.
During the last 5 trading sessions, RTC rose by +10.59%, which changed the moving average for the period of 200-days by -19.67% in comparison to the 20-day moving average, which settled at $6.19. In addition, Baijiayun Group Ltd saw -62.40% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RTC
Current profitability levels for the company are sitting at:
- -0.66 for the present operating margin
- 0.22 for the gross margin
The net margin for Baijiayun Group Ltd stands at -0.62. The total capital return value is set at -5.67. Equity return is now at value -143.58, with -81.65 for asset returns.
Currently, EBITDA for the company is -81.43 million with net debt to EBITDA at -0.0. When we switch over and look at the enterprise to sales, we see a ratio of 2.58. The receivables turnover for the company is 9.1for trailing twelve months and the total asset turnover is 3.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.
Conclusion
To sum up, Baijiayun Group Ltd (RTC) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
